BUZZ-PREVIEW: O'Reilly shares hit record; Q4 EPS, rev seen rising

Shares in after-market auto parts retailer O'Reilly Automotive ORLY.O up 0.9% on Wednesday, hitting record high, ahead of Q4 financial report due out after market close

ORLY, a supplier to professionals and consumers, is expected by Wall Street to report adj EPS of $9.75 vs $9.26 in year-ago quarter on rev of $4.05 bln vs $3.83 bln year-ago according to latest data from LSEG

In last 4 quarters ORLY missed the Street consensus for rev every time after beating every time for the four prior quarters; EPS beat in 5 of the last 8 quarters, but the 3 misses all came in 2024

In Oct. ORLY had tightened its full-year profit, sales expectations as customers cut back on purchases of some non-essential auto parts

After hitting $1,347.98 record earlier, ORLY last traded at $1,346.48 vs median PT of $1,379.50, according to LSEG, which shows 30 ratings: 5 'strong buy,' 17 'buy' and 8 'hold'

So far in 2024 at least 5 analysts have raised their targets with BofA upping its price objective to $1,500 from $1,360 as recently as Monday

Shares in ORLY up 13.6%, eyeing 8th consecutive annual gain so far in 2025 after 24.8% rise in 2024 vs 3.1% gain YTD and 29.1% gain in 2024 for S&P 500 consumer discretionary index .SPLRCD