O’Reilly Automotive Inc.’s ORLYearnings 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.
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.