AutoZone AZO is preparing to release its quarterly earnings on Tuesday, 2024-12-10. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect AutoZone to report an earnings per share (EPS) of $33.69.
The announcement from AutoZone is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
During the last quarter, the company reported an EPS missed by $1.95, leading to a 2.14% increase in the share price on the subsequent day.
Here's a look at AutoZone's past performance and the resulting price change:
Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
---|---|---|---|---|
EPS Estimate | 53.53 | 36.03 | 26.37 | 31.57 |
EPS Actual | 51.58 | 36.69 | 28.89 | 32.55 |
Price Change % | 2.0% | -2.0% | 2.0% | 1.0% |
Tracking AutoZone's Stock Performance
Shares of AutoZone were trading at $3309.44 as of December 05. Over the last 52-week period, shares are up 24.36%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for AutoZone visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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