AutoZone Inc. Q4 adjusted earnings Beat Estimates

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

The company's profit totaled $740.46 million, or $30.93 per share. This compares with $565.23 million, or $22.59 per share, in last year's fourth quarter.

Excluding items, AutoZone Inc. reported adjusted earnings of $740.46 million or $30.93 per share for the period.

Analysts had expected the company to earn $24.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.0% to $4.55 billion from $3.99 billion last year.

AutoZone Inc. earnings at a glance:

-Earnings (Q4): $740.46 Mln. vs. $524.25 Mln. last year.
-EPS (Q4): $30.93 vs. $20.95 last year.
-Analysts Estimate: $24.79
-Revenue (Q4): $4.55 Bln vs. $3.99 Bln last year.

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