Did Advance Auto Parts and These Stocks Miss or Beat Analyst Expectations?
Advance Auto Parts Inc. (NYSE:AAP) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 18.66% to $1.59 in the quarter versus EPS of $1.34 in the year-earlier quarter. Revenue Rose 6.07% to $1.55 billion from the year-earlier quarter.
Advance Auto Parts Inc. reported adjusted EPS income of $1.59 per share. By that measure, the company beat the mean analyst estimate of $1.48. It missed the average revenue estimate of $1.6 billion.