AutoZone Beats Market Trends: Understanding the Latest Earnings Projections and Analyst Estimates

AutoZone (AZO) stock rose 1.63% to $3,522.02, outperforming the S&P 500's 0.06% loss. The company's earnings per share (EPS) are projected to be $27.43, a 3.04% decrease from the same quarter last year. The Zacks Rank is #3 (Hold), and the Forward P/E ratio is 23.25, slightly higher than the industry average of 17.31. The PEG ratio is 1.65, also higher than the industry average of 1.43.