Nucor earnings beat by $0.08, revenue fell short of estimates
Investing.com -- O’Reilly Automotive Inc (NASDAQ:ORLY) reported first quarter earnings that fell short of analyst expectations, while also providing weaker-than-anticipated guidance for the full year. The automotive parts retailer’s shares slipped 1.6% following the announcement.
For the quarter ended March 31, 2025, O’Reilly posted adjusted earnings per share of $9.35, missing the analyst consensus of $9.87. Revenue came in at $4.14 billion, below the expected $4.18 billion but up 4% YoY from $3.98 billion.
Comparable store sales growth of 3.6% was at the high end of the company’s expectations, driven by mid-single digit growth in professional sales and low-single digit growth in DIY sales.
O’Reilly maintained its full-year 2025 comparable store sales guidance of 2.0% to 4.0%. However, the company now expects full-year earnings per share of $42.90 to $43.40, below the analyst consensus of $44.24. Revenue guidance of $17.4 billion to $17.7 billion also fell short of the $17.655 billion analysts were expecting.
CEO Brad Beckham commented on the results, stating, "We are pleased to report a solid start to 2025, highlighted by a 3.6% comparable store sales increase, which was at the high end of our expectations for the quarter."
The company repurchased 0.4 million shares during the quarter at an average price of $1,297.15 per share, for a total investment of $559 million.
O’Reilly opened 38 net new stores in the first quarter and plans to open 200 to 210 new stores for the full year 2025.