AutoZone Earnings Disappoint by $5.50, Revenue Falls Short of Estimates

AutoZone reported a fourth quarter earnings per share (EPS) of $48.11, falling short of analysts’ expectations which were set at $53.61 by $5.50. For the quarter, the company’s revenue reached $6.2 billion, slightly below the consensus estimate of $6.23 billion.

The stock price for AutoZone closed at $3,048.82. Over the past three months, it has increased by 3.16%, and in the last twelve months, it has risen by 18.16%.

In the last 90 days, AutoZone experienced three positive EPS revisions alongside seven negative revisions. The company’s financial health is currently rated as “good performance.”

For further details, keep an eye on upcoming earnings reports and other financial performance updates.