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O'Reilly Automotive: 4Q Earnings Snapshot

SPRINGFIELD, Mo. (AP) _ O'Reilly Automotive Inc. (ORLY) on Wednesday reported fourth-quarter net income of $324.9 million.

The Springfield, Missouri-based company said it had profit of $4.25 per share.

The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.26 per share.

The auto parts retailer posted revenue of $2.48 billion in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $2.47 billion.

For the year, the company reported profit of $1.39 billion, or $17.88 per share. Revenue was reported as $10.15 billion.

O'Reilly Automotive expects full-year earnings to be $19.03 to $19.13 per share, with revenue in the range of $10.7 billion to $11 billion.

O'Reilly Automotive shares have fallen slightly more than 4% since the beginning of the year, while the Standard & Poor's 500 index has climbed 3%. In the final minutes of trading on Wednesday, shares hit $419.21, a climb of 17% 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