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KBC Group NV sold shares in O'Reilly Automotive, despite the company's revenue rising 4% in Q1.
KBC Group NV, a Belgium-based investment firm, decreased its shares in O'Reilly Automotive by 6.1% in the first quarter, selling 767 shares and holding 11,810 shares worth $16.9 million.
O'Reilly Automotive's Q1 results showed a 4% revenue increase to $4.14 billion but missed EPS expectations, reporting $0.62 instead of the expected $0.66.
Analysts predict EPS of 43.94 for the year.
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KBC Group NV vendió acciones en O'Reilly Automotive, a pesar de que los ingresos de la compañía aumentaron un 4% en el primer trimestre.