Transportation
O’Reilly Raises Full-Year Outlook Amid Auto Supplier Bankruptcy Concerns
An O'Reilly Automotive Inc. auto parts store in Louisville, Kentucky.
Photographer: Luke Sharrett/Bloomberg
O’Reilly Automotive Inc. raised its full-year earnings outlook, easing concerns about potential fallout from the bankruptcy of an auto parts supplier.
The Springfield, Missouri-based company forecast 2025 earnings per share in a range of $2.90 to $3.00 on revenue of $17.6 billion to $17.8 billion, up from its earlier projection of $2.85 to $2.95 a share and revenue from $17.5 billion to $17.8 billion.