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Forbes
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Will AutoZone Stock Drop On Its Upcoming Earnings?

1. AZO expects $6.25 billion revenue, 1% rise year-over-year. 2. Earnings projected at $51 per share, unchanged from last year. 3. Margins may face pressure due to increased inventory shrink. 4. 35% of past earnings resulted in positive 1-day returns. 5. Company's market cap stands at $71 billion, with operational profitability.

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FAQ

Why Neutral?

Overall earnings expectations remain steady, but margin pressures could hinder performance. Historical trends suggest limited upside potential, as recent performance has been lackluster.

How important is it?

Earnings expectations and margin concerns directly affect AZO's share value. The company's future prospects hinge on market reactions post-earnings.

Why Short Term?

Earnings report on September 23 likely to influence immediate trading sentiment. Historical short-term fluctuations suggest trading activity will peak around this date.

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