AutoZone 1st Quarter Same Store Sales Increase 1.6%; EPS Increases 13.0% to $9.36
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JPMorgan Upgrades AutoZone (AZO) to Overweight
December 7, 2016 6:51 AM ESTJPMorgan upgraded AutoZone (NYSE: AZO) from Neutral to Overweight with a price target of $910.00 (from $808.00).
For an analyst ratings summary and ratings history on AutoZone click here. For more ratings news on AutoZone click here.
Shares of AutoZone closed at $779.81 yesterday.
... MoreAutoZone (AZO) Tops Q1 EPS by 5c; Comps Light of Views
December 6, 2016 7:00 AM EST(Updated - December 6, 2016 7:13 AM EST)
AutoZone (NYSE: AZO) reported Q1 EPS of $9.36, $0.05 better than the analyst estimate of $9.31. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.49 billion.
Comps rose 1.6 percent, versus a gain of 1.9 percent expected by analysts.
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