AutoZone Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component AutoZone, Inc. (NYSE:AZO) will unveil its latest earnings on Tuesday, September 20, 2011. AutoZone, Inc. is a specialty retailer of automotive replacement parts and accessories, offering an extensive line for cars, sport utility vehicles, vans and light trucks.

AutoZone, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $6.97 per share, a rise of 23.1% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $6.93. Between one and three months ago, the average estimate moved up, and has risen from $6.94 during the last month. For the year, analysts are projecting net income of $19.21 per share, a rise of 28.3% from last year.

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Wall St. Revenue Expectations: On average, analysts predict $2.61 billion in revenue this quarter, a rise of 6.5% from the year ago quarter. Analysts are forecasting total revenue of $8.02 billion for the year, a rise of 9% from last year’s revenue of $7.36 billion.

Analyst Ratings: Analysts seem relatively indifferent about AutoZone with 12 of 20 analysts surveyed maintaining a hold rating.

Key Stats:

The company has now seen net income rise in three straight quarters. In the third quarter, net income rose 12.1% while it rose 20% in the second quarter and 20.1% in the first quarter.

Revenue has risen the past four quarters. Revenue increased 8.6% to $1.98 billion in third quarter. The figure rose 10.3% in the second quarter from the year earlier, climbed 12.7% in the first quarter from the year-ago quarter and 9.5% in the fourth quarter of the last fiscal year.

Competitors to Watch: Advance Auto Parts, Inc. (NYSE:AAP), O’Reilly Automotive, Inc. (NASDAQ:ORLY), The Pep Boys – Manny, Moe & Jack (NYSE:PBY), U.S. Auto Parts Network, Inc. (NASDAQ:PRTS), General Motors Company (NYSE:GM), Toyota Motor Corp. (NYSE:TM), Honda Motor CO., Ltd. (NYSE:HMC), Ford Motor Company (NYSE:F),┬áCarMax (NYSE:KMX), Tesla Motors Inc (NASDAQ:TSLA), Tata Motors Limited (NYSE:TTM) and Navistar Intl. Corp. (NYSE:NAV).

Stock Price Performance: During August 16, 2011 to September 14, 2011, the stock price had risen $36.11 (12.5%) from $288.27 to $324.38. The stock price saw one of its best stretches over the last year between November 1, 2010 and November 11, 2010 when shares rose for nine-straight days, rising 7% (+$16.45) over that span. It saw one of its worst periods between July 26, 2011 and August 2, 2011 when shares fell for six-straight days, falling 6.3% (-$18.45) over that span. Shares are up $51.79 (+19%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.