U.S. Markets closed

O'Reilly Automotive: 3Q Earnings Snapshot

SPRINGFIELD, Mo. (AP) _ O'Reilly Automotive Inc. (ORLY) on Wednesday reported third-quarter earnings of $366.2 million.

The Springfield, Missouri-based company said it had profit of $4.50 per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $4.30 per share.

The auto parts retailer posted revenue of $2.48 billion in the period, which fell short of Street forecasts. Eight analysts surveyed by Zacks expected $2.49 billion.

O'Reilly Automotive expects full-year earnings to be $15.95 to $16.05 per share, with revenue in the range of $9.4 billion to $9.6 billion.

O'Reilly Automotive shares have risen 34 percent since the beginning of the year, while the Standard & Poor's 500 index has fallen nearly 1 percent. In the final minutes of trading on Wednesday, shares hit $322.83, a climb of 59 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ORLY at https://www.zacks.com/ap/ORLY