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Compared to Estimates, AutoZone (AZO) Q2 Earnings: A Look at Key Metrics
For the quarter ended February 2023, AutoZone (AZO - Free Report) reported revenue of $3.69 billion, up 9.5% over the same period last year. EPS came in at $24.64, compared to $22.30 in the year-ago quarter.
The reported revenue represents a surprise of +4.28% over the Zacks Consensus Estimate of $3.54 billion. With the consensus EPS estimate being $21.33, the EPS surprise was +15.52%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how AutoZone performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for AutoZone here>>>
Shares of AutoZone have returned +5.9% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.