Advance Auto Parts (AAP) Q2 Earnings and Revenues Beat Estimates

Advance Auto Parts (AAP) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of$ 0.59 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.95%. A quarter ago, it was expected that this auto parts retailer would post a loss of$ 0.81 per share when it actually produced a loss of $0.22, delivering a surprise of +72.84%. Over the last four quarters ...