Autozone Inc reports results for the quarter ended February 28 - Earnings Summary

• Autozone Inc AZO.N reported quarterly adjusted earnings of $28.29​​ per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of $28.89. The mean expectation of twenty five analysts for the quarter was for earnings of $29.11 per share. Wall Street expected results to range from $27.72 to $30.50 per share.

• Revenue rose 2.4% to $3.95 billion from a year ago; analysts expected $3.98 billion.

• Autozone Inc's reported EPS for the quarter was $28.29​.

• The company reported quarterly net income of $487.92 million.

• Autozone Inc shares had risen by 8.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.3% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the auto vehicles, parts & service retailers peer group is also "buy"

Wall Street's median 12-month price target for Autozone Inc is $3,700.00

This summary was machine generated from LSEG data March 4 at 04:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)