AutoZone: Fiscal Q3 Earnings Snapshot
By Ap News
Published - May 21, 2024, 07:06 AM ET
Last Updated - May 21, 2024, 07:06 AM EDT
MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — AutoZone Inc. (AZO) on Tuesday reported fiscal third-quarter profit of $651.7 million.
On a per-share basis, the Memphis, Tennessee-based company said it had net income of $36.69.
The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $35.67 per share.
The auto parts retailer posted revenue of $4.24 billion in the period, which missed Street forecasts. Nine analysts surveyed by Zacks expected $4.29 billion.
