O'Reilly Automotive Q2 Profit Up 37% - Quick Facts

(RTTNews) - O'Reilly Automotive Inc. (ORLY) Wednesday reported second-quarter profit of $177 million or $1.58 per share, up from $146 million or $1.15 per share in the same period last year.

Revenues improved 10 percent to $1.71 billion from $1.56 billion last year. Analysts expected revenues of $1.70 billion.

Looking ahead to the third quarter, the company has forecast earnings in the range of $1.60 to $1.64 per share and comparable store sales growth of 4 percent to 6 percent. Analysts currently expect earnings of $1.61 per share for the quarter.

For the fiscal year 2013, the company has raised its earnings outlook to a range of $5.79 to $5.89 per share from $5.64 to $5.74 per share, announced previously.

Revenues are projected in a range of $6.6 billion to $6.7 billion, up from previous guidance range of $6.6 billion to $6.7 billion. Analysts currently expect the company to report full-year earnings of $5.79 per share on revenues of $6.64 billion.