What to Expect From O’Reilly Automotive’s Q3 2026 Earnings Report

O’Reilly Automotive, Inc. (ORLY), with a market capitalization of approximately $68.4 billion, is a leading automotive replacement parts retailer headquartered in Springfield, Missouri. The company sells parts, tools, equipment, and accessories to do-it-yourself customers and professional installers through more than 6,600 stores across the United States, Canada, Mexico, and Puerto Rico.

ORLY is set to report its Q3 earnings on Wednesday, October 28, 2026, after the market closes. Ahead of the release, analysts expect the company to report diluted EPS of 92 cents, up 8.2% from 85 cents in the year-ago quarter. Moreover, ORLY has exceeded Wall Street’s EPS estimates in three of the past four quarters.

For fiscal 2026, analysts expect ORLY to report EPS of $3.27, up 10.1% from $2.97 in fiscal 2025. Additionally, EPS is projected to grow 11% year over year to $3.63 in fiscal 2027.

ORLY stock has declined 14.6% over the past 52 weeks, underperforming both the S&P 500 Index ($SPX), which gained 15%, and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY), which fell 5.5% over the same period.

Despite steady sales and earnings growth, O’Reilly Automotive’s stock has underperformed the broader market over the past year. Its premium valuation has left room for disappointment, while fading parts-price inflation and softer do-it-yourself demand have raised concerns about future comparable-store sales growth. Additionally, elevated interest rates could increase borrowing costs and make its debt-funded share buyback strategy more expensive.

Despite these headwinds, analysts remain bullish on ORLY, with the stock carrying a consensus “Strong Buy” rating. Of the 29 analysts covering the stock, 20 recommend a “Strong Buy,” three rate it a “Moderate Buy,” and six recommend a “Hold.” Meanwhile, the average price target of $107.78 implies potential upside of 25.3% from the current share price.

On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.