Why AutoZone (AZO) is Poised to Beat Earnings Estimates Again
Why AutoZone (AZO) is Poised to Beat Earnings Estimates Again. The average surprise for the last two quarters was 4.69%. For the most recent quarter, AutoZone was expected to post earnings of $21.64 per share, but it reported $22.59 per share instead, representing a surprise of 4.39%. For the previous quarter, the consensus estimate was $15.23 per share, while it actually produced $15.99 per share, a surprise of 4.99%. Price and EPS Surprise. For AutoZone, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change.