AutoZone Forecasts $36.22 EPS, $4.86B Revenue, Spring Demand Boost Expected
AZO•AutoZone is projected to post EPS of $36.22 on revenues of $4.86 billion in its upcoming quarterly report. It holds a Zacks Rank #2 and spring maintenance demand is expected to lift sales after winter.
1. Earnings Projections
AutoZone is set to report quarterly results on May 26 before market open, with consensus estimates targeting EPS of $36.22 and revenue of $4.86 billion.
2. Analyst Sentiment
Analysts assign the company a Zacks Rank #2 and an average brokerage recommendation of 1.45, reflecting strong Buy ratings and optimistic earnings outlooks.
3. Seasonal Demand Impact
With winter maintenance deferred by harsh weather, the onset of spring is expected to drive increased automotive parts and service accessory sales.
4. Valuation Metrics
The stock trades at a price-to-earnings ratio of 23.20 and a price-to-sales ratio of 2.86, alongside a negative debt-to-equity ratio of -4.27 following extensive share repurchases.
