05:04 PM EDT, 07/24/2024 (MT Newswires) -- O'Reilly Automotive (ORLY) reported Q2 earnings late Wednesday of $10.55 per diluted share, up from $10.22 a year earlier.
Analysts polled by Capital IQ expected $11.
Sales for the quarter that ended June 30 were $4.27 billion, up from $4.07 billion a year earlier.
Analysts surveyed by Capital IQ expected $4.32 billion.
The company expects full-year 2024 earnings of $40.75 to $41.25 per diluted share, versus its previous guidance of $41.35 to $41.85. Analysts polled by Capital IQ expect $41.83.
The company expects revenue for the full year of $16.6 billion to $16.9 billion, versus its previous guidance of $16.8 billion to $17.1 billion. Analysts surveyed by Capital IQ expect $16.89 billion.
Shares of the company traded nearly 4% lower in after-hours activity.
Price: 1,010.00, Change: -40.71, Percent Change: -3.87