AutoZone Inc. Reports Advance In Q2 Bottom Line, Beats estimates

(RTTNews) - AutoZone Inc. (AZO) revealed earnings for its second quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $515.03 million, or $28.89 per share. This compares with $476.54 million, or $24.64 per share, in last year's second quarter.

Analysts on average had expected the company to earn $26.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.6% to $3.86 billion from $3.69 billion last year.

AutoZone Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $515.03 Mln. vs. $476.54 Mln. last year. -EPS (Q2): $28.89 vs. $24.64 last year. -Analyst Estimate: $26.28 -Revenue (Q2): $3.86 Bln vs. $3.69 Bln last year.