AutoZone Q2 Earnings Preview

On Tuesday, Feb. 26, AutoZone AZO will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Analysts expect AutoZone earnings of $9.99 per share. Revenue will likely be around $2.45 billion, according to the consensus estimate.

The Wall Street consensus estimate for earnings would represent a 17.95 percent increase for the company. Sales would be up 1.53 percent on a year-over-year basis. AutoZone's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q1 2019 Q4 2018 Q3 2018 Q2 2018
EPS Estimate 12.21 17.85 13.01 8.9
EPS Actual 13.47 18.54 13.42 8.47

Stock Performance

Over the last 52-week period, shares are up 26.71 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating by analysts on AutoZone stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

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Posted In: EarningsNewsEarnings Previews
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