HomeTechTelecomAutoZone (AZO) Stock Higher After Earnings

AutoZone (AZO) Stock Higher After Earnings

AutoZone’s (AZO) 1Q earnings were recently released. Its adjusted EPS came in at $32.55 versus an estimated $31.04 and its revenue came in at $4.2B versus an estimated $4.17B. Oppenheimer’s Brian Nagel discusses he takeaways from AZO’s earnings. Oppenheimer has a $2,600 price target on AZO. He compares AZO to other auto parts retailers including ORLY and AAP. Tom White then demonstrates example trades using AZO and O’Reilly Automotive (ORLY). Tune in to find out more about the stock market today.

Morning Trade Live

05 Dec 2023

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