O'Reilly Automotive, Inc. (ORLY) earnings on July 29, 2026

July 29, 2026 After the market closes Q2 2026

Prior outlook: Optimistic Outcome: Missed

O'Reilly Automotive's stock fell 3.6% after earnings, even though sales beat expectations and the company raised its outlook. The market focused on other details in the report.

ORLY price around the earnings

87.36

Change: -3.6%

Start of the measured window End of the measured window

86.16 87.84 89.52 91.21 90.63

July 29, 2026 July 30, 2026

Price: green if it ends above the starting price; red if it ends below
Start of the measured window
End of the measured window
Market open
No trading (market closed)
Starting price

Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Missed

Thesis published: 2026-07-29, 19:59 UTC
Results released: 2026-07-29, 20:30 UTC

Strong analyst upside (+20.3%) and positive trend strength (+6.33% 14d), but mixed 50% earnings beat rate and declining trajectory create material uncertainty.

Context analyzed before publication

Trend: Trajectory declined significantly from its peak, indicating a weakening run-up into earnings.

Analysts

Evidence

Analyst consensus: Buy
Consensus average (1-5): 1.56
Analysts covering the stock: 24
Average price target: 109.38
Lowest price target: 89
Highest price target: 120
Upside to price target: 20.3%
Quarterly earnings growth: 12.2%
Revenue growth: 10.2%
Forward EPS: 3.62
Trailing EPS: 3.07
Analyst moves in the last 60 days: 2

Strong buy: 5
Buy: 17
Hold: 5
Sell: 0
Strong sell: 0

Strong buy: 5
Buy: 17
Hold: 5
Sell: 0
Strong sell: 0

July 22, 2026 · DA Davidson: Maintains rating (Buy → Buy)
July 7, 2026 · DA Davidson: Maintains rating (Buy → Buy)

News and sentiment

Evidence

Sentiment

Sentiment: Constructive
Mention volume: Low
Normalized volume: 33%

News

Sources (3)

$1000 Invested In O'Reilly Automotive 10 Years Ago Would Be Worth This Much Today (opens in a new tab) — Benzinga
Goldman Sachs Names Top Undervalued Stocks to Buy Today (opens in a new tab) — Benzinga
'Genuine Parts Is Said to Receive O’Reilly Interest for Auto Unit' - Bloomberg (opens in a new tab) — Benzinga

Technicals

Evidence

Price when the context was analyzed: 91.18
Average true range (ATR): 3.1%
Distance to 52-week high: -15.7%
14-day change (14d): +6.3%
30-day change (32d): +2.0%
30-day relative strength: +6.3%
QQQ change (32d): -4.3%
Nearest support: 91.07
Distance to nearest support: 0.1%
Nearest resistance: 91.98
Distance to nearest resistance: 0.9%
Volume accumulation ratio (14d / 46d): 1.19

Major: 91.07 (0.1% away, 0.04 ATR, 77 touches)
Major: 90.59 (0.6% away, 0.21 ATR, 73 touches)
Major: 90.15 (1.1% away, 0.36 ATR, 73 touches)

Major: 91.98 (0.9% away, 0.29 ATR, 75 touches)
Major: 92.74 (1.7% away, 0.56 ATR, 64 touches)
Major: 93.59 (2.6% away, 0.86 ATR, 48 touches)

Trends

Evidence

Average earnings surprise: +0.8%

April 29, 2026: actual EPS 0.72 vs estimate 0.7 (surprise +3.4%)
February 4, 2026: actual EPS 0.71 vs estimate 0.72 (surprise -2.1%)
October 22, 2025: actual EPS 0.85 vs estimate 0.83 (surprise +2.4%)
July 23, 2025: actual EPS 0.78 vs estimate 0.78 (surprise -0.3%)

Expected move

Implied move: +2.0%
Source: Options chain

Reactions over its last 20 earnings

Median move: 3.6%
75th percentile move: 4.4%
90th percentile move: 5.6%
Up / down moves: 10 / 10
Average up move: +3.7%
Average down move: -4.2%

Monitoring and close

What O'Reilly Automotive, Inc. reported

Status: Finished

Actual EPS	0.86
EPS estimate	0.86
EPS surprise	+0.2%
Revenue	$4,892 million
Revenue estimate	$4,861 million
Revenue surprise	+0.6%

O'Reilly beat Q2 estimates with comparable sales up. The company is ramping up buybacks. Q2 2026 earnings call held July 30.

Sources (13)

O'Reilly Automotive Q2 Earnings Call Highlights (opens in a new tab) — MarketBeat
Morgan Stanley Maintains Overweight on O'Reilly Automotive, Lowers Price Target to $108 (opens in a new tab) — Benzinga
O'Reilly Q2 Earnings Beat on Strong Comparable and Pro Sales (opens in a new tab) — Zacks
O'Reilly Automotive, Inc. (ORLY) Q2 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
O'Reilly Is Ramping Up Repurchases, Take Advantage (opens in a new tab) — SeekingAlpha
Here's What Key Metrics Tell Us About O'Reilly Automotive (ORLY) Q2 Earnings (opens in a new tab) — Zacks
O'Reilly Automotive (ORLY) Q2 Earnings and Revenues Beat Estimates (opens in a new tab) — Zacks
O'Reilly Automotive (NASDAQ:ORLY) Posts Record Results, But Slight Miss Drags Stock Lower (opens in a new tab) — ChartMill
O'Reilly’s (NASDAQ:ORLY) Q2 CY2026: Beats On Revenue (opens in a new tab) — StockStory
O'Reilly Automotive Raises FY2026 GAAP EPS Guidance from $3.15-$3.25 to $3.20-$3.30 vs $3.25 Est; Raises FY2026 Sales Guidance from $18.700B-$19.000B to $18.900B-$19.200B vs $19.065B Est (opens in a new tab) — Benzinga
O'Reilly Automotive reported EPS of $0.86, in line with expectations, and revenue of $4.892B, beating estimates. — Benzinga
O'Reilly Automotive Q2 EPS $0.86, Inline, Sales $4.892B Beat $4.860B Estimate (opens in a new tab) — Benzinga
O’Reilly Automotive, Inc. Reports Second Quarter 2026 Results (opens in a new tab) — Yahoo

Pre-market second reading after the results

Verdict: In line with expectations

Heading into the open, results beat expectations on both earnings and revenue and the price is indicating -1.2% pre-market, a move below the stock's usual reaction (about 4%). The figures don't confirm the prior scenario: the price move doesn't follow the direction the results point to.

How the stock reacted

Outcome: Missed
Consolidated: -3.6%
Max favorable move (MFE): 0.3%
Max adverse move (MAE): 5%