O'Reilly Automotive Inc (
NASDAQ:ORLY) might not be performing as per expectations, with its stock underperforming compared to competitors. Investment groups like
Norden Group LLC and
Howland Capital Management LLC have acquired shares in the company. Despite experiencing several red flags, the company stock hit an all-time high in March, but it still sank afterwards. Its first-quarter earnings were in close alignment with analyst predictions, but also marked a 7.4% drop since the last earnings report. The company has acquired
Groupe Del Vasto, likely with a vision of future growth.
O’Reilly Automotive's Q4 2023 and
Q1 2024 earnings call transcripts have been made available. The company's
Q1 earnings were negatively impacted, with EPS missing expectations, leading to a slump in shares
due to unsatisfactory profit guidance. The company plans to release its
second quarter 2024 earnings. Insiders have allegedly sold US$49m of stock, signaling caution. With promising prospects to consider,
O'Reilly's stock might be set to outperform competitors, despite disappointing losses.
O'reilly Automotive ORLY News Analytics from Mon, 02 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 14:30:27 GMT -
Rating -4
- Innovation 2
- Information 4
- Rumor 3
