Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
O'Reilly Auto (ORLY)
NASDAQ:ORLY
Holding ORLY?
Track your performance easily
Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
9.73Last Year’s EPS
9.26Same Quarter Last Year
Strong Buy
Based on 16 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: 1.46%
|Next Earnings Date:Jul 25, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a challenging third quarter with sales growth below expectations and pressure on the DIY segment. However, there are positive aspects like sustained growth in the professional segment, improved gross margins, and successful new store openings. The company shows confidence in its long-term strategy despite current industry headwinds.Company Guidance
During the third quarter earnings call, O'Reilly Automotive executives provided detailed guidance for the remainder of 2024, highlighting a revised full-year comparable store sales growth expectation of 2% to 3%. This adjustment followed a 1.5% increase in comparable store sales for Q3, down from higher growth in previous years. The company's gross margin for the quarter was 51.6%, with full-year expectations maintained between 51% and 51.5%. SG&A expenses per store grew by 4.2% in Q3, with a full-year projection of 3.5% to 4% growth. Operating margin guidance was updated to a range of 19.4% to 19.9%, reflecting sales challenges. O'Reilly also announced plans to open 190 to 200 new stores in 2024, with a 2025 target of 200 to 210 net new stores. Free cash flow guidance remains at $1.8 billion to $2.1 billion, while the EPS outlook was adjusted to $40.60 to $41.10. The company expressed confidence in its long-term strategy despite current industry headwinds, emphasizing the strength of its professional business and the resilience of its customer base.Sustained Professional Business Growth
Continued mid-single-digit comps driven by growth in ticket counts, maintaining momentum in the professional business and capturing incremental business despite industry pressures.
Gross Margin Improvement
Third quarter gross margin of 51.6%, up 18 basis points from the third quarter of 2023, attributed to strong merchandise margin performance and stable acquisition cost environment.
Successful New Store Openings
Opened 47 stores in Q3, with plans to open 190-200 stores in 2024 and 200-210 stores in 2025, indicating strong new store performance even in tough market conditions.
Effective Share Repurchase Program
Repurchased 499,000 shares in Q3 at an average price of $1,084, reflecting confidence in the business's future cash flows and capital return strategy.
---
ORLY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
ORLY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 23, 2024 | $1199.25 | $1199.77 | +0.04% |
| Jul 24, 2024 | $1050.71 | $1092.91 | +4.02% |
| Apr 24, 2024 | $1092.70 | $1054.13 | -3.53% |
| Feb 07, 2024 | $1067.02 | $1020.83 | -4.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does O'Reilly Auto (ORLY) report earnings?
O'Reilly Auto (ORLY) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is O'Reilly Auto (ORLY) earnings time?
O'Reilly Auto (ORLY) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ORLY EPS forecast?
ORLY EPS forecast for the fiscal quarter 2024 (Q4) is 9.73.
---