O'Reilly Automotive Inc. (ORLY), Wednesday reported first-quarter net income of $154.3 million or $1.36 per share, up from $147.5 million or $1.14 per share in the same period last year.
On average, 22 analysts polled by Thomson Reuters expected earnings of $1.35 per share for the quarter. Analysts' estimates typically exclude special items.
Sales for the first quarter grew 4 percent to $1.59 billion from $1.53 billion last year. Analysts estimated revenues of $1.61 billion for the quarter.
For the second quarter, the company expects earnings of $1.46 to $1.50 per share. Analysts currently estimate earnings of $1.45 per share for the quarter.
For the full year 2013, the company now estimates earnings of $5.64 to $5.74 per share on sales of $6.6 billion to $6.7 billion. Analysts currently estimate earnings of $5.72 per share for the year.
Previously, the company expected earnings of $5.57 to $5.67 per share.
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