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AutoZone Inc. Bottom Line Rises In Q1

AutoZone Inc. (AZO) revealed earnings for its first quarter that rose from the same period last year.

The company's earnings totaled $351.41 million, or $13.47 per share. This compares with $281.00 million, or $10.00 per share, in last year's first quarter.

Analysts had expected the company to earn $12.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.9% to $2.64 billion from $2.59 billion last year.

AutoZone Inc. earnings at a glance:

-Earnings (Q1): $351.41 Mln. vs. $281.00 Mln. last year.
-EPS (Q1): $13.47 vs. $10.00 last year.
-Analysts Estimate: $12.21
-Revenue (Q1): $2.64 Bln vs. $2.59 Bln last year.

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