O`Reilly Automotive Inc. Earnings Advance 4% In Q1

(RTTNews) - O`Reilly Automotive Inc. (ORLY) announced a profit for its first quarter that increased compared to the same period last year.

The company said its bottom line rose to $264.93 million, or $2.83 per share. This was up from $255.37 million, or $2.59 per share, in last year's first quarter.

Analysts had expected the company to earn $2.89 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.9% to $2.16 billion. This was up from $2.10 billion last year.

O`Reilly Automotive Inc. earnings at a glance:

-Earnings (Q1): $264.93 Mln. vs. $255.37 Mln. last year. -Earnings Growth (Y-o-Y): 3.7% -EPS (Q1): $2.83 vs. $2.59 last year. -EPS Growth (Y-o-Y): 9.3% -Analysts Estimate: $2.89 -Revenue (Q1): $2.16 Bln vs. $2.10 Bln last year. -Revenue Change (Y-o-Y): 2.9%

-Guidance: Next quarter EPS guidance: $3.10 to $3.20 Full year EPS guidance: $12.05 to $12.15