AutoZone (AZO) Q1 Earnings and Revenues Miss Estimates

AutoZone (AZO) came out with quarterly earnings of $31.04 per share, missing the Zacks Consensus Estimate of $32.24 per share. This compares to earnings of $32.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.72%. A quarter ago, it was expected that this auto parts retailer would post earnings of $50.52 per share when it actually produced earnings of $48.71, delivering a surprise of -3.58%.Over the last four quarters, the ...