O'Reilly Automotive (NASDAQ:ORLY) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
O'Reilly Automotive (NASDAQ:ORLY) reported quarterly earnings of $8.78 per share which missed the analyst consensus estimate of $8.99 by 2.34 percent. This is a 5.4 percent increase over earnings of $8.33 per share from
Over the past 3 months, 8 analysts have published their opinion on O'Reilly Automotive (NASDAQ:ORLY) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
O'Reilly Automotive's (NASDAQ:ORLY) short percent of float has fallen 3.12% since its last report. The company recently reported that it has 1.01 million shares sold short, which is 1.55% of all regular shares that are available for trading.
Investor sentiment has suffered dramatically due to the recent market downturn brought on by rising inflation, the Fed's aggressive policy and concerns about the impending economic recession.