Preview: AutoZone's Earnings
Portfolio Pulse from Benzinga Insights
AutoZone (NYSE:AZO) is set to release its latest quarterly earnings report on Tuesday, 2023-09-19. Analysts estimate an earnings per share (EPS) of $45.18. The company's past performance shows a trend of beating EPS estimates, but this has sometimes been followed by a drop in share price. AutoZone's shares were trading at $2529.68 as of September 15, with a 17.52% increase over the last 52-week period.
September 18, 2023 | 2:00 pm
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AutoZone is expected to report an EPS of $45.18 in its upcoming earnings. Despite beating EPS estimates in the past, the company's share price has sometimes dropped afterwards. The stock has seen a 17.52% increase over the last 52 weeks.
The upcoming earnings report is a significant event for AutoZone. While the company has a history of beating EPS estimates, this has sometimes led to a drop in share price, indicating that investors may be focusing more on the company's guidance. The stock's positive performance over the last 52 weeks suggests investor confidence, but the impact of the earnings report on the stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100