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O'Reilly Automotive Inc. (ORLY) CEO Greg Johnson on Q3 2019 Results - Earnings Call Transcript
O'Reilly Automotive Inc (NASDAQ: ORLY) reported a beat-and-raise third quarter, which marks a turnaround after a rare second-quarter earnings miss.
Shares moved sharply higher after the company reported strong third quarter results, prompting a breakout from key resistance levels.
O'Reilly (ORLY) projects earnings of $4.12-$4.22 per share for fourth-quarter 2019.
O'Reilly Automotive (ORLY) delivered earnings and revenue surprises of 6.28% and 1.07%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
O'Reilly's (ORLY) Q3 performance expected to reflect benefits from higher revenues, resulting from its store-expansion initiatives, amid high SG&A costs.

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According to the GuruFocus All-in-One Screener as of Oct. 9, while most of the following companies are trading at a discount, all have positive three- to five-year future earnings estimates.
While the Bureau of Labor Statistics revealed on Friday that the unemployment rate has fallen to a new 50-year low of 3.5%, the retail sector is headed in the opposite direction.
An ascending triangle chart formation suggests that shares of the auto parts retailer are poised for significant gains.
Auto Retail & Wholesale Parts Industry Prospects Encouraging

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O'Reilly Automotive: A Smooth Ride

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The latest ORLY update reinforces its quality - its supply chain capabilities and service offerings are second to none in the business.
O'Reilly Automotive (ORLY) reported earnings 30 days ago. What's next for the stock?
Under the definitive stock purchase agreement, O'Reilly Automotive (ORLY) will acquire all the outstanding shares of Mayasa and affiliated entities.
SPRINGFIELD, Mo., Aug. 20, 2019 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, ann
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