O’Reilly Automotive, Inc. Reports Third Quarter 2016 Results and Announces Purchase Agreement With Bond Auto Parts
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O'Reilly Automotive (ORLY) Misses Q3 EPS by 2c, Guides Modestly Below the Street, Acquires Bond Auto Parts
October 26, 2016 4:42 PM EDTO'Reilly Automotive (NASDAQ: ORLY) reported Q3 EPS of $2.90, $0.02 worse than the analyst estimate of $2.92. Revenue for the quarter came in at $2.22 billion versus the consensus estimate of $2.22 billion.
Third quarter comparable store sales increase of 4.2%.
Entered into definitive agreement to purchase Bond Auto Parts.
GUIDANCE:
O'Reilly Automotive sees Q4 2016 EPS of $2.44-$2.54, versus the consensus of $2.56.
O'Reilly Automotive sees FY2016 EPS of $10.58-$10.68, versus the consensus of $10.73.
OReillys President and CEO,... More
