AutoZone (AZO) Releases Earnings Results, Beats Expectations By $0.10 EPS
AutoZone (NYSE:AZO) posted its earnings results on Monday. The company reported $10.00 EPS for the quarter, beating the Zacks’ consensus estimate of $9.90 by $0.10, RTT News reports. AutoZone had a negative return on equity of 74.48% and a net margin of 11.76%. The firm had revenue of $2.59 billion for the quarter, compared to analysts’ expectations of $2.54 billion. During the same period last year, the firm earned $9.36 EPS. The company’s quarterly revenue was up 4.9% on a year-over-year basis.
AutoZone (NYSE AZO) opened at $709.77 on Tuesday. The company has a quick ratio of 0.15, a current ratio of 0.97 and a debt-to-equity ratio of -3.56. AutoZone has a 12 month low of $491.13 and a 12 month high of $813.70. The firm has a market cap of $18,650.93, a P/E ratio of 15.40, a price-to-earnings-growth ratio of 1.25 and a beta of 0.72.
In other AutoZone news, Director William Andrew Mckenna sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $584.96, for a total value of $1,754,880.00. Following the transaction, the director now directly owns 8,131 shares of the company’s stock, valued at approximately $4,756,309.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.80% of the company’s stock.
Autozone, Inc is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company operates through the Auto Parts Locations segment. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. As of August 27, 2016, the Company operated through 5,814 locations in the United States, Puerto Rico, Mexico and Brazil.
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