Market Overview

AutoZone's Earnings: A Preview

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AutoZone (NYSE: AZO) unveils its next round of earnings this Tuesday, September 22. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Earnings and Revenue

Analysts predict AutoZone will report earnings of $24.65 per share on revenue of $4.13 billion. AutoZone earnings in the same period a year ago was $20.95 per share. Quarterly sales came in at $3.75 billion. If the company were to report in-line earnings when it publishes results Tuesday, quarterly profit would be up 17.66%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019
EPS Estimate 13.68 11.80 13.77 21.79
EPS Actual 14.39 12.39 14.30 20.95
Revenue Estimate 2.67 B 2.57 B 2.77 B 3.93 B
Revenue Actual 2.78 B 2.51 B 2.79 B 3.75 B

Stock Performance

Over the last 52-week period, shares are up 7.44%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. AutoZone is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/820/36752

 

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Posted-In: Earnings