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Despite institutional buy-ins, AutoZone fell short of earnings estimates by $1.17 per share.
Several financial institutions, including UMB Bank and MassMutual Private Wealth & Trust FSB, increased their stakes in AutoZone, Inc. (NYSE: AZO) in the fourth quarter.
Despite a 92.74% ownership by institutional investors, AutoZone missed earnings estimates by $1.17 per share, reporting $32.52 EPS.
The company, which has a market cap of $55.82 billion, retails automotive parts and accessories in the U.S., Mexico, and Brazil.
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A pesar de los buy-ins institucionales, AutoZone no alcanzó los ingresos estimados en 1,17 dólares por acción.