These Analysts Revise Their Forecasts On O'Reilly Automotive After Q2 Results
These Analysts Revise Their Forecasts On O'Reilly Automotive After Q2 Results
O'Reilly Automotive said it sees FY24 earnings of $40.75 to $41.25 per share, versus estimates of $41.86 per share. The company expects total revenue of $16.6 billion to $16.9 billion versus estimates of $17.85 billion.O'Reilly Automotive, Inc. (NASDAQ:ORLY) reported worse-than-expected second-quarter financial results and issued FY24 guidance below estimates, after the closing bell on Wednesday.
週三收盤後，奧萊利（O'Reilly Automotive, Inc.，納斯達克股票代碼：ORLY）發佈的第二季度業績糟糕透頂，發放的FY24預測指引低於預期。
O'Reilly Automotive reported quarterly earnings of $10.55 per share which missed the analyst consensus estimate of $11.09 per share. The company reported quarterly sales of $4.272 billion which missed the analyst consensus estimate of $4.318 billion, according to data from Benzinga Pro.
根據Benzinga Pro的數據，奧萊利（O'Reilly Automotive）每股季報收益爲10.55美元，低於分析師預期的11.09美元。公司季度銷售額爲42.72億美元，低於分析師預期的43.18億美元。
Brad Beckham, O'Reilly's CEO, commented, "I would like to thank all of Team O'Reilly for their tremendous hard work and unwavering commitment to providing excellent customer service and taking care of our customers every day. Our comparable store sales results were below our expectations for the second quarter, as the soft demand environment we experienced at the beginning of the quarter persisted through May. Sales trends improved in June, in line with our expectations, aided by strong performance in summer weather-related categories in many of our markets. Against this challenging backdrop, our Team generated a second quarter comparable store sales increase of 2.3%, on top of a 9.0% increase last year, driven by solid, mid-single digit growth in our professional business."
奧萊利的CEO Brad Beckham評論道：“我想感謝所有奧萊利團隊的巨大辛勤工作和不懈承諾，爲客戶提供優秀的客戶服務並每天照顧我們的客戶。在第二季度，我們的可比同店銷售結果低於預期，因爲我們在季度初經歷的低迷需求環境一直持續到5月。銷售趨勢在6月份改善，符合我們的預期，多數市場中與夏季氣候相關的類別表現強勁。在這樣具有挑戰性的背景下，我們的團隊在去年同期同店銷售增長9.0%的基礎上實現了2.3%的增長，其中專業業務實現了堅實的中單位數增長。”
O'Reilly Automotive said it sees FY24 earnings of $40.75 to $41.25 per share, versus estimates of $41.86 per share. The company expects total revenue of $16.6 billion to $16.9 billion versus estimates of $17.85 billion.
奧萊利（O'Reilly Automotive）表示，預計FY24每股收益爲40.75至41.25美元，預估值爲41.86美元。公司預計總營收爲166億至169億美元，預估值爲178.5億美元。
O'Reilly Automotive shares gained 2.1% to trade at $1,116.08 on Friday.
週五，奧萊利汽車股票上漲2.1%，交易價爲1116.08美元。
These analysts made changes to their price targets on O'Reilly Automotive following the announcement.
這些分析師在公告後調整了對奧萊利汽車的目標股價。
- Truist Securities analyst Scot Ciccarelli maintained O'Reilly Automotive with a Buy rating and raised the price target from $1,143 to $1,204.
- RBC Capital analyst Steven Shemesh maintained the stock with an Outperform rating and lowered the price target from $1,124 to $1,115.
- DA Davidson analyst Michael Baker maintained the stock with a Buy rating and raised the price target from $1,200 to $1,275.
- Truist證券分析師Scot Ciccarelli維持了對奧萊利汽車的“買入”評級，並將價格目標從1143美元提高到1204美元。
- RBC Capital分析師Steven Shemesh保持了該股票的“跑贏大盤”評級，將價格目標從1124美元降至1115美元。
- DA Davidson分析師Michael Baker維持了該股票的“買入”評級，並將價格目標從1200美元上調至1275美元。
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