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Market Impact: 0.35

Advance Auto Parts (AAP) Q2 Earnings Surpass Estimates

Corporate EarningsCompany FundamentalsAnalyst Estimates
Advance Auto Parts (AAP) Q2 Earnings Surpass Estimates

Advance Auto Parts (AAP) reported quarterly EPS of $1.03, beating the Zacks Consensus Estimate of $0.81 (a +$0.22 upside). EPS also rose from $0.69 a year ago, indicating improving profitability versus the prior year. Overall, the earnings beat is likely to support modest stock reaction.

Analysis

Advance Auto Parts (AAP) reported quarterly EPS of $1.03, beating the Zacks Consensus Estimate of $0.81 (a +$0.22 upside). EPS also rose from $0.69 a year ago, indicating improving profitability versus the prior year. Overall, the earnings beat is likely to support modest stock reaction.

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mildly positive

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0.35

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AAP0.45

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