Autozone Inc reports results for the quarter ended May 31 - Earnings Summary

• Autozone Inc AZO.N reported quarterly adjusted earnings of $35.36​​ per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of $36.69. The mean expectation of twenty four analysts for the quarter was for earnings of $37.11 per share. Wall Street expected results to range from $35.14 to $38.91 per share.

• Revenue rose 5.4% to $4.46 billion from a year ago; analysts expected $4.36 billion.

• Autozone Inc's reported EPS for the quarter was $35.36​.

• The company reported quarterly net income of $608.44 million.

• Autozone Inc shares had risen by 0.4% this quarter and gained 19.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.4% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy," 5 "hold" and no "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 $3,972.50

This summary was machine generated from LSEG data May 27 at 01:31 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)