O’Reilly Automotive Earnings Preview: Can This Streak Continue?

O’Reilly Automotive (NASDAQ:ORLY) will report earnings after markets close on Wednesday, April 24th. O’Reilly Automotive, Inc. retails and supplies automotive aftermarket parts, tools, supplies, equipment, and accessories. The Company sells its products to do-it-yourself customers and professional mechanics or service technicians. O’Reilly operates stores throughout the United States.

Here is your Cheat Sheet to O’reilly Automotive Earnings:

Earnings Expectations: Analysts expect earnings of $1.35 per share on revenues of $1.61 billion. Currently, the company’s P/E ratio stands at 20.81.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.38 to a profit $1.45. For the current year, the average estimate is a profit of $5.72, which is better than the estimate ninety days ago.

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Earnings Trends:

Here’s how O’reilly Automotive has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,577 4,847 5,398 5,789 6,182
Diluted EPS ($) 1.48 2.23 2.95 3.71 4.75

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,391 1,529 1,563 1,602 1,488
Diluted EPS ($) 0.93 1.14 1.15 1.32 1.14

Past Performance:
O’reilly Automotive has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)