AutoZone, Inc. (AZO) is set to release its fourth-quarter fiscal 2024 earnings before the market opens on Tuesday, September 24. Analysts anticipate strong growth, with earnings expected to jump to $53.69 per share and revenue projected to reach $6.23 billion. This follows a recent $1.5 billion share repurchase authorization by the company’s board. Leading analysts weigh in on their expectations for the company’s performance, offering valuable insights for investors.
TradePulse’s Power Inflow alert indicates a surge in institutional buying for AutoZone Inc. (AZO), signaling a potential uptrend in the stock. This surge in buy orders, a key indicator of investor confidence, suggests a shift from net selling to buying. Understanding Power Inflows and how to act on them can be crucial for traders looking to capitalize on potential short-term gains.
TradePulse’s Power Inflow alert indicates institutional investors are buying AutoZone Inc. (AZO) stock, suggesting a potential shift towards an uptrend. This signal, observed on August 29th, triggered a rise in AZO’s stock price, offering a valuable opportunity for investors seeking to capitalize on short-term growth.
