Having exceeded expectations last quarter by 10 cents per share, O'Reilly Automotive (ORLY) is scheduled to report again on Wednesday.

Expectations

Analysts currently expect O'Reilly Automotive to come in with earnings of $1.14 per share on revenues of $1.57 billion. Analyst estimates range from earnings per share to earnings per share. Over the past two months, the average estimate has moved down from $1.19.

Stock Movement

The stock fell $13.83 per share between June 26, 2012 and June 27, 2012.

Company Fundamental Trends
The impending earnings announcement offers the opportunity expand on positive earnings momentum gained over last three quarters. Net income rose 27.4% in the third quarter of the last fiscal year and 16.3% in the fourth quarter of the last fiscal year before increasing again in the first quarter. On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 7.1% in the second quarter of the last fiscal year, 7.7% in the third quarter of the last fiscal year and 6.2% in the fourth quarter of the last fiscal year before increasing again in the first quarter.

Stock Ratings

Analysts are bullish on the stock as 11 analysts rate it as a buy and there are no sell ratings. Wall Street has warmed to the stock over the past three months, with the average analyst estimate increasing to Moderate buy from Hold.

Last Quarter's Results

In the first quarter, profit rose 43.9% to $147.5 million ($1.14 a share) from $102.5 million (72 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 10.6% to $1.53 billion from $1.38 billion.

Summary

 

Reporting Period: 2Q

Date of Release: Wednesday, July 25, 2012

EPS: $1.14

Revenue Estimate: $1.57 billion

 

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)