AutoZone reported mixed fiscal Q4 results this morning, with earnings of $56.05 per share beating the Zacks consensus of $54.54 by 2.77% while revenues of $6.59 billion fell 1.38% short of estimates, sending the stock up 3% ahead of the opening bell. Thor Industries also posted a mixed Q4 report in the opposite direction, as earnings of $0.78 per share missed the Zacks consensus by 16.13% but revenues of $2.31 billion beat projections by 7.37%, though down from $2.52 billion a year ago, leaving shares flat but down 30% year to date. KB Home, a Zacks Rank #5 Strong Sell company, is set to report Q3 earnings after the closing bell, with earnings growth of -45.34% and revenue growth of -20.3% expected, and shares down 15% year to date. Pre-market indexes were mixed, with the Dow up 180 points, the Nasdaq down 27 points, the S&P 500 down 2 points, and the Russell 2000 up 12 points, while the 10-year bond yield stood at 4.93% and the 2-year at 4.73%, and oil traded at $93 per barrel on WTI and $98 on Brent. Thursday is expected to be the busiest day of the trading week, with Chinese President Xi Jinping visiting President Trump in Washington DC and Costco reporting Q4 earnings after the close.
AutoZone IncMixed fiscal Q4: EPS of $56.05 beat consensus by 2.77% but revenue of $6.59B missed estimates by 1.38%.
Thor Industries IncMixed fiscal Q4: EPS of $0.78 missed consensus by 16.13% while revenue of $2.31B beat projections by 7.37%.
KB Home
Costco Wholesale Corp
