AutoZone Inc. Q1 Income Rises 8%

(RTTNews) - AutoZone Inc. (AZO) released earnings for its first quarter that climbed from last year.

The company said its bottom line totaled $278.13 million, or $9.36 per share. This was up from $258.11 million, or $8.29 per share, in last year's first quarter.

Analysts had expected the company to earn $9.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.3% to $2.47 billion. This was up from $2.39 billion last year.

AutoZone Inc. earnings at a glance:

-Earnings (Q1): $278.13 Mln. vs. $258.11 Mln. last year. -Earnings Growth (Y-o-Y): 7.8% -EPS (Q1): $9.36 vs. $8.29 last year. -EPS Growth (Y-o-Y): 12.9% -Analysts Estimate: $9.31 -Revenue (Q1): $2.47 Bln vs. $2.39 Bln last year. -Revenue Change (Y-o-Y): 3.3%