UPDATE: AutoZone stock up 8% premarket after earnings beat

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

مصر أخبار أخبار

AutoZone stock jumps 8% premarket after earnings beat

rose 8% in premarket trade Tuesday, after the car parts retailer beat profit and sales estimates for its fiscal second quarter. Memphis, Tenn.-based AutoZone said it had net income of $294.6 million, or $10.38 a share, in the quarter, up from $289.5 million,. or $10.38 a share, in the year-earlier period. Sales rose to $2.451 billion from $2.413 billion. The FactSet consensus was for EPS of $9.95 and sales of $2.448 billion. U.S. same-store sales rose 2.6%, ahead of the FactSet consensus of 2.

The company said earnings benefited from tax reform in the current and prior-year quarter. "Every year, our second quarter's financial results are challenging as it is our seasonally lowest sales quarter and weather impacts can drive significant variability in sales," Chief Executive Bill Rhodes said in a statement. "Today, we are pleased to report solid performance in DIY while our Commercial business growth rate accelerated for the fourth consecutive quarter.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 3. in EG

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Hewlett Packard Enterprise stock pops after earnings beat, raised forecast
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Dropbox beats on Q4 earnings, but the stock falls anywayDropbox beat estimates in the top and bottom lines and had more new paid users than expected. The stock still moved lower.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stocks making the biggest moves premarket: Walmart, McDonald's, Southwest & moreSome of the names on the move ahead of the open. I wouldn’t ever suggest buying SouthwestAir stock unless it fell below 9/11 levels. If you buy this stock thinking you’ll make money above $10 a share, then you are a special kind of.......you know.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stocks making the biggest moves premarket: Hormel, Apple, Nike, Domino's Pizza & moreSome of the names on the move ahead of the open.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stocks making the biggest moves premarket: CVS Health, Garmin, Gannett, Apple & moreSome of the names on the move ahead of the open.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stocks making the biggest moves premarket: AutoNation, Wayfair, Citigroup, Ford & moreSome of the names on the move ahead of the open.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stocks making the biggest moves premarket: Berkshire Hathaway, General Electric, Twitter & moreSome of the names on the move ahead of the open. GE is Global but still 100% American LiberalismIsAMentalDisorder
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Roku shares are soaring on earnings beat and strong streaming growthRoku reported fourth quarter 2018 earnings that beat analyst estimates and provided guidance in line or above expectations for 2019. But nobody on CNBC said buy it a week ago.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Southern Company CEO on earnings beat: Tax reform had a terrific effect for usSouthern Company CEO Thomas Fanning joins 'Squawk Box' to break down the company's earnings report. Southern Company beat expectations on both EPS and revenue. EPS and I m How Company Taxes Hate No Hate I m CEO How Bank Account in American Dollar My Bank Account SBI Bank New Garia Sir Nagar Branch 07679 Kolkata The Team in My Bank Account The Team Hate I m For Mr Rabin Das Visit Only Name Visit No in My Money
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »