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Take a look at some of Tuesday's morning movers:
Best Buy - The electronics retailer earned a first-quarter profit of $0.72 per share, above estimates of $0.59. Revenues also exceeded estimates, though same store sales fell 5.3 percent during the quarter. Interim CEO Mike Mikan said the company knows it has to adapt to the new realities of the marketplace, and restructuring moves announced earlier this year are aimed at accomplishing that goal.
AutoZone - The auto parts retailer earned $6.28 per share for its third quarter, three cents above estimates, with revenues essentially in line.
Medtronic - The medical products maker earned $0.99 per share for its fourth quarter, one cent above estimates. Medtronic said its results were helped in part by successful introductions of new products, including a drug-eluting stent and a spinal cord stimulator.
Zipcar , Avis Budget - Morgan Stanley has initiated coverage of both auto rental companies with "overweight" ratings.
Cracker Barrel - The restaurant operator earned $0.86 per share for the first quarter, eleven cents above estimates, as same-store restaurant sales rose 3.1 percent. Cracker Barrel is also forecasting full-year profit above Wall Street consensus.
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