AutoZone Q4 2024 Adj. EPS $48.11 Misses $53.53 Estimate
Portfolio Pulse from Benzinga Newsdesk
AutoZone reported its Q4 2024 adjusted earnings per share (EPS) at $48.11, which fell short of the estimated $53.53. This miss on earnings expectations could impact investor sentiment negatively.
September 24, 2024 | 11:00 am
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AutoZone's Q4 2024 adjusted EPS came in at $48.11, missing the analyst estimate of $53.53. This earnings miss could lead to a negative reaction in the stock price as it indicates lower-than-expected profitability.
The earnings per share (EPS) is a critical measure of a company's profitability. AutoZone's reported EPS of $48.11 is significantly below the expected $53.53, indicating a performance shortfall. Such misses often lead to negative investor sentiment and can result in a decline in the stock price as investors adjust their expectations.
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