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AutoZone Inc. Earnings Advance In Q1

AutoZone Inc. (AZO) announced earnings for its first quarter that advanced from last year.

The company's earnings totaled $442.43 million, or $18.61 per share. This compares with $350.34 million, or $14.30 per share, in last year's first quarter.

Analysts had expected the company to earn $17.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.9% to $3.15 billion from $2.79 billion last year.

AutoZone Inc. earnings at a glance:

-Earnings (Q1): $442.43 Mln. vs. $350.34 Mln. last year.
-EPS (Q1): $18.61 vs. $14.30 last year.
-Analysts Estimate: $17.77
-Revenue (Q1): $3.15 Bln vs. $2.79 Bln last year.

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