AutoZone, Inc. (NYSE:AZO) is set to announce first quarter earning results on Tuesday 8th December 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, AZO to report 1Q21 income of $ 17.77 per share.
For the full year, analysts anticipate top line of $ 13106.00 million, while looking forward to income of $ 75.92 per share bottom line.
Previous Quarter Performance
AutoZone, Inc. disclosed income for the fourth quarter of $ 30.93 per share, from the revenue of $ 4,546.00 million. The quarterly earnings up 47.64 percent while revenues grew 21.23 percent compared with the same quarter last year.
According to street consensus, AZO was expected to report 4Q20 income of $ 24.79 per share from revenue of $ 4150.00 million. The bottom line results beat street analysts by $ 6.14 or 24.77 percent, at the same time, top line results outshined analysts by $ 396.00 million or 9.54 percent.
Stock Performance
Shares of AutoZone, Inc. traded low $ -5.45 or -0.47 percent on Monday, reaching $ 1,157.18 with volume of 390.80 thousand shares. AutoZone, Inc. has traded high as $ 1,172.58 and has cracked $ 1,142.36 on the downward trend
According to the previous trading day, closing price of $ 1,157.18, representing a 69.75 % increase from the 52 week low of $ 684.91 and a 8.77 % decrease over the 52 week high of $ 1274.41.
The company has a market capital of $ 26.82 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
Recent Analyst recommendations
- On 14th October 2020, upgraded by Raymond James to Strong Buy from Outperform rating, with $ 1565.00 target price.
Conference Call
AutoZone, Inc. will be hosting a conference call at 10:00 AM eastern time on 8th December 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.autozone.com
AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.
