AutoZone Earnings Preview: Can This Streak Continue?
AutoZone (NYSE:AZO) will report earnings before markets open on Tuesday, May 21st. AutoZone, Inc. is a specialty retailer of automotive replacement parts and accessories. The Company offers 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. Autozone operates in United States and Puerto Rico, and Mexico.
Here is your Cheat Sheet to Autozone Earnings:
Earnings Expectations: Analysts expect earnings of $7.23 per share on revenues of $2.22 billion. Currently, the company’s P/E ratio stands at 16.66.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $10.35 and has not changed. For the current year, the average estimate is a profit of $27.61, which is worse than the estimate ninety days ago.
Here’s how Autozone has been performing on an annual basis:
|Revenue ($) in millions||6,523||6,817||7,363||8,073||8,604|
|Diluted EPS ($)||10.04||11.73||14.97||19.47||23.48|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Feb. 29, 2012||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012||Feb. 28, 2013|
|Revenue ($) in millions||1,804||2,112||2,764||1,991||1,855|
|Diluted EPS ($)||4.15||6.28||8.563||5.41||4.78|
Autozone has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)