AutoZone stock falls despite beating earnings estimates

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Earnings Estimates,Seana Smith,Brad Smith

AutoZone (AZO) topped Wall Street's earnings estimates, reporting a 10% profit jump as international sales grew. Yahoo Finance's Seana Smith and Brad Smith...

Wall Street estimates the company reported a 10% jump in profits.And the reason why I was interested in this one, actually, before we even stepped foot on set this morning and we were sitting next to each other trying to figure out all right, what other stocks do we talk about?

That could be some net beneficiaries and and actually did see some increases, at least in revenue year over year for the quarter.And international was really an out performer in this most recent report, same store sales on an international basis that soared 18% comparing that to flat year over year sales.

Canada's inflation rate cools to 2.7 per cent in April, likely giving BoC 'all clear' for June rate cutTrump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million. Shares in Sarasota, Fla.

Source: News Formal (newsformal.com)

Earnings Estimates Seana Smith Brad Smith Earnings Report

 

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