AutoZone Inc. Bottom Line Advances 6% In Q3

(RTTNews) - AutoZone Inc. (AZO) announced earnings for its third quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $327.52 million, or $10.77 per share. This was higher than $309.07 million, or $9.57 per share, in last year's third quarter.

Analysts had expected the company to earn $10.92 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.0% to $2.59 billion. This was up from $2.49 billion last year.

AutoZone Inc. earnings at a glance:

-Earnings (Q3): $327.52 Mln. vs. $309.07 Mln. last year. -Earnings Growth (Y-o-Y): 6.0% -EPS (Q3): $10.77 vs. $9.57 last year. -EPS Growth (Y-o-Y): 12.5% -Analysts Estimate: $10.92 -Revenue (Q3): $2.59 Bln vs. $2.49 Bln last year. -Revenue Change (Y-o-Y): 4.0%