AutoZone, Inc. (AZO) - Get Report is expected to report adjusted net income of $544.7 million, or $21.77 a share, on sales of $3.9 billion before the market opens on Tuesday, based on a FactSet survey of 20 analysts.
In the same period a year ago, the company posted earnings of $18.54 a share on sales of $3.6 billion. It reported net income of $366.7 million.
The stock has risen 12.3% since the company last reported earnings on May. 21.
Quarterly estimates have risen less than 1 cent a share in the past month.
AutoZone is currently trading at a price-to-forward-earnings ratio of 17.5 based on the 12-month estimates of 22 analysts surveyed by FactSet.
In the upcoming quarter analysts are forecasting adjusted net income of $345.2 million, or $14.23 a share, on sales of $2.8 billion.