AutoZone Inc. Reveals 8% Rise In Q1 Bottom Line

(RTTNews) - AutoZone Inc. (AZO) reported a profit for its first quarter that rose compared to the same period last year.

The company said its bottom line climbed to $258.11 million, or $8.29 per share. This was up from $238.31 million, or $7.27 per share, in last year's first quarter.

Analysts had expected the company to earn $8.24 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.8% to $2.39 billion. This was up from $2.26 billion last year.

AutoZone Inc. earnings at a glance:

-Earnings (Q1): $258.11 Mln. vs. $238.31 Mln. last year. -Earnings Growth (Y-o-Y): 8.3% -EPS (Q1): $8.29 vs. $7.27 last year. -EPS Growth (Y-o-Y): 14.0% -Analysts Estimate: $8.24 -Revenue (Q1): $2.39 Bln vs. $2.26 Bln last year. -Revenue Change (Y-o-Y): 5.8%