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INX:AZO, Dec 09, 09:51 UTC

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Thursday, December 05


News

Why AutoZone (AZO) is Poised to Beat Earnings Estimates Again

AZO

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.

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  • Financial
News

Q1 2020 Earnings Estimate for AutoZone, Inc. (NYSE:AZO) Issued By William Blair

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William Blair analyst D. Hofkin now expects that the company will earn $13.73 per share for the quarter, down from their previous estimate of $13.93. William Blair also issued estimates for AutoZone’s Q4 2020 earnings at $23.01 EPS, Q1 2021 earnings at $14.86 EPS, Q2 2021 earnings at $12.87 EPS, Q3 2021 earnings at $18.31 EPS and Q4 2021 earnings at $25.16 EPS. The company reported $22.59 EPS for the quarter, beating the consensus estimate of $21.80 by $0.79. Finally, Royal Bank of Canada raised their price objective on AutoZone from $1,091.00 to $1,097.00 and gave the company a “sector perform” rating in a research report on Wednesday, September 25th.

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  • Financial

Wednesday, December 04


News

AutoZone (NYSE:AZO) Stock Rating Reaffirmed by Wells Fargo & Co – Slater Sentinel

AZO WFC

Royal Bank of Canada upped their price target on AutoZone from $1,091.00 to $1,097.00 and gave the stock a “sector perform” rating in a research note on Wednesday, September 25th. The company has a market cap of $28.07 billion, a price-to-earnings ratio of 18.17, a PEG ratio of 1.48 and a beta of 0.62. During the same quarter last year, the firm posted $18.54 earnings per share. As a group, analysts anticipate that AutoZone will post 65.25 EPS for the current fiscal year. Commonwealth Equity Services LLC now owns 1,446 shares of the company’s stock worth $1,589,000 after purchasing an additional 140 shares in the last quarter.

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  • Financial

Tuesday, December 03


News

AutoZone to hold Stockholders’ Meeting December 18, 2019

AZO

MEMPHIS, Tenn., Dec. 03, 2019 (GLOBE NEWSWIRE) -- AutoZone, Inc. (AZO), announced it will hold its Annual Meeting of Stockholders on December 18, 2019, at the J.R. Hyde III Store Support Center in Memphis, Tennessee. About AutoZone:. As of August 31, 2019, AutoZone sells auto and light truck parts, chemicals and accessories through 5,772 stores in the U.S., 604 stores in Mexico and 35 stores in Brazil for a total count of 6,411. Each AutoZone store carries an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Many stores also have a commercial sales program that provides commercial credit and prompt delivery of parts and other products to local, regional and national repair garages, dealers, service stations and public sector accounts.

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  • Financial
News

Hedge Funds Are Undecided About AutoZone, Inc. (AZO)

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News

AutoZone (AZO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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The market expects AutoZone (AZO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended November 2019. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on December 10, 2019, might help the stock move higher if these key numbers are better than expectations. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that AutoZone would post earnings of $21.64 per share when it actually produced earnings of $22.59, delivering a surprise of +4.39%.

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  • Financial

Monday, December 02


News

AutoZone (AZO) Stock Moves -0.07%: What You Should Know

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AutoZone (AZO) Stock Moves -0.07%: What You Should Know. AutoZone (AZO) closed the most recent trading day at $1,177.13, moving -0.07% from the previous trading session. AZO will be looking to display strength as it nears its next earnings release, which is expected to be December 10, 2019. Our most recent consensus estimate is calling for quarterly revenue of $2.76 billion, up 4.62% from the year-ago period. For the full year, our Zacks Consensus Estimates are projecting earnings of $65.25 per share and revenue of $12.15 billion, which would represent changes of +2.87% and +2.37%, respectively, from the prior year.

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News

Stifel Financial Corp Purchases 3,147 Shares of AutoZone, Inc. (NYSE:AZO)

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Commonwealth Equity Services LLC now owns 1,446 shares of the company’s stock valued at $1,589,000 after buying an additional 140 shares in the last quarter. AutoZone, Inc. has a 1-year low of $798.41 and a 1-year high of $1,188.18. The company reported $22.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $21.80 by $0.79. Morgan Stanley upped their target price on shares of AutoZone from $1,050.00 to $1,100.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th.

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News

If you were a member of AutoZone's Rewards Program in California and had a $20 Reward and/or Reward Credit for a purchase of over $20 expire, a class action settlement may affect your rights

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Individuals who were enrolled in the 5/20/20 version of AutoZone's Rewards Program in California at the time of AutoZone's National Plan Conversion and who lost $20 Reward(s) and/or Reward Credit(s) earned through purchases of over $20 from AutoZone because the Reward and/or Reward Credit was deemed expired. The reinstated or newly issued Rewards will automatically appear in Class Members' AutoZone Rewards accounts within 30 days of final approval of a settlement without Class Members taking any further action. All Rewards issued as part of this settlement will be valid for 12 months after which they will expire and shall be treated as other Rewards in the AutoZone Rewards program in all other respects. In exchange, class members will forgo their rights to pursue the claims the Court previously certified for class treatment. What are Your Options? If the Court approves the settlement, Class Members do not need to do anything to receive the Rewards due to them under the settlement. If you are a Class Member, you have the right to object to the settlement.

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  • Business
  • Financial
  • US
News

AutoZone, Inc. (AZO) Analysts See $13.94 EPS

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It fall, as 30 investors sold AutoZone, Inc. shares while 203 reduced holdings. 22.18 million shares or 2.62% less from 22.77 million shares in 2019Q1 were reported. D E Shaw & Inc has invested 0.13% in AutoZone, Inc. (NYSE:AZO). Fort Washington Investment Advisors Oh reported 307 shares stake. Analysts expect AutoZone, Inc. (NYSE:AZO) to report $13.94 EPS on December, 3.They anticipate $0.47 EPS change or 3.49 % from last quarter’s $13.47 EPS.

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  • Business
  • Financial