O’Reilly Automotive Inc.’s (ORLY - Free Report) earnings per share in first-quarter 2018 jumped around 28% year over year to $3.61. The figure also beat the Zacks Consensus Estimate of $3.59. Notably, the company's shares inched up around 1.4% to close at $227.67 yesterday after the announcement.
Net income improved 15% to $305 million (13.4% of sales) in first-quarter 2018 from $265 million (12.3% of sales) recorded in the year-ago period.
The company’s quarterly sales rose 6% year over year to $2.28 billion, mainly driven by 3.4% growth in store sales. In the year-ago quarter, store sales had recorded an increase of just 0.8%. The revenue figure in the first quarter came in line with the Zacks Consensus Estimate.
Zacks Rank & Key Picks
O’Reilly currently carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the same industry include Gentex Corporation (GNTX - Free Report) , Honda Motor Co., Ltd. (HMC - Free Report) and Yamaha Motor Co., Ltd. (YAMHF - Free Report) . While Gentex sports a Zacks Rank #1 (Strong Buy), Honda Motor and Yamaha Motor carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Gentex has a long-term earnings growth rate of 9.7%. Its shares have surged 21%, over the past six months.
Honda Motor has a long-term earnings growth rate of 4.8%. The company’s shares have been up 12% during the same time frame.
Yamaha Motor has a long-term earnings growth rate of 10.1%. The stock has gained 11% in six months’ time.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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O’Reilly Automotive Inc.’s (ORLY - Free Report) earnings per share in first-quarter 2018 jumped around 28% year over year to $3.61. The figure also beat the Zacks Consensus Estimate of $3.59. Notably, the company's shares inched up around 1.4% to close at $227.67 yesterday after the announcement.
Net income improved 15% to $305 million (13.4% of sales) in first-quarter 2018 from $265 million (12.3% of sales) recorded in the year-ago period.
The company’s quarterly sales rose 6% year over year to $2.28 billion, mainly driven by 3.4% growth in store sales. In the year-ago quarter, store sales had recorded an increase of just 0.8%. The revenue figure in the first quarter came in line with the Zacks Consensus Estimate.
Zacks Rank & Key Picks
O’Reilly currently carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the same industry include Gentex Corporation (GNTX - Free Report) , Honda Motor Co., Ltd. (HMC - Free Report) and Yamaha Motor Co., Ltd. (YAMHF - Free Report) . While Gentex sports a Zacks Rank #1 (Strong Buy), Honda Motor and Yamaha Motor carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Gentex has a long-term earnings growth rate of 9.7%. Its shares have surged 21%, over the past six months.
Honda Motor has a long-term earnings growth rate of 4.8%. The company’s shares have been up 12% during the same time frame.
Yamaha Motor has a long-term earnings growth rate of 10.1%. The stock has gained 11% in six months’ time.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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