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AutoZone: Fiscal 3Q Earnings Snapshot

MEMPHIS, Tenn. (AP) _ AutoZone Inc. (AZO) on Tuesday reported fiscal third-quarter profit of $405.9 million.

On a per-share basis, the Memphis, Tennessee-based company said it had profit of $15.99.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $15.23 per share.

The auto parts retailer posted revenue of $2.78 billion in the period.

AutoZone shares have increased 17% since the beginning of the year, while the Standard & Poor's 500 index has climbed 13%. The stock has increased 50% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AZO at https://www.zacks.com/ap/AZO