AutoZone Q4 Earnings Preview: Data Shows Strong Visit Growth, Analyst Says Company To 'Continue To Take Share Over Time'
Portfolio Pulse from Chris Katje
AutoZone is expected to report strong Q4 earnings, with analysts predicting an EPS of $53.53 and revenue of $6.22 billion. The company has a history of beating earnings estimates and is expected to continue gaining market share. Analysts have mixed views on price targets, but overall sentiment remains positive.
September 23, 2024 | 9:56 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
AutoZone is expected to report strong Q4 earnings, with an EPS of $53.53 and revenue of $6.22 billion. The company has consistently beaten earnings estimates and is expected to continue gaining market share. Analysts have mixed views on price targets, but overall sentiment remains positive.
AutoZone has a strong track record of beating earnings estimates, having done so for 19 consecutive quarters. Analysts expect continued growth in market share, supported by increased store visits and favorable industry trends. Despite some concerns over currency exchange rates and sector challenges, the overall outlook remains positive, with analysts maintaining 'Outperform' ratings.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100