AutoZone (AZO) Misses Q3 EPS by 15c; Comps Rose 2%

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Go back to AutoZone (AZO) Misses Q3 EPS by 15c; Comps Rose 2%

Morgan Stanley Remains Sidelined on AutoZone (AZO) Following 3Q Miss

May 25, 2016 11:24 AM EDT

Morgan Stanley maintained an Equalweight rating and $820.00 price target on AutoZone (NYSE: AZO) following the company's 3Q earnings report. AZO reported EPS of $10.88, coming in below the Street's estimates of $10.92.

Analyst Simeon Gutman commented, "Q3 results were modestly weaker than expected with EPS 4c below... More