Will Advance Auto (AAP) Q2 Earnings Sustain The Beat Streak?
Advance Auto Parts, Inc. (NYSE: AAP ) is slated to announce second-quarter 2022 results on Aug 23, after the closing bell. The Zacks Consensus Estimate for the quarter''s earnings and revenues is pegged at $3.75 per share and $2.75 billion, respectively. The Zacks Consensus Estimate for Advance Auto Parts'' second-quarter earnings per share has been revised downward by 2 cents in the past 30 days. The bottom-line projection, however, implies year-over-year growth of 10.3%. The Zacks Consensus Estimate for quarterly revenues suggests an increase of 3.7% on a year-over-year basis. This aftermarket auto parts distributor delivered better-than-anticipated earnings in the last reported quarter on higher-than-expected comparable store sales growth. Over the trailing four quarters, Advance Auto Parts surpassed estimates on all occasions, with the average surprise being 9.23%. Advance Auto Parts, Inc. Price and EPS Surprise Advance Auto Parts, Inc. price-eps-surprise | Advance Auto Parts, Inc. Quote What Does Our Model Say?
Will Advance Auto (AAP) Q2 Earnings Sustain The Beat Streak?
Advance Auto Parts, Inc. (NYSE: AAP ) is slated to announce second-quarter 2022 results on Aug 23, after the closing bell. The Zacks Consensus Estimate for the quarter''s earnings and revenues is pegged at $3.75 per share and $2.75 billion, respectively. The Zacks Consensus Estimate for Advance Auto Parts'' second-quarter earnings per share has been revised downward by 2 cents in the past 30 days. The bottom-line projection, however, implies year-over-year growth of 10.3%. The Zacks Consensus Estimate for quarterly revenues suggests an increase of 3.7% on a year-over-year basis. This aftermarket auto parts distributor delivered better-than-anticipated earnings in the last reported quarter on higher-than-expected comparable store sales growth. Over the trailing four quarters, Advance Auto Parts surpassed estimates on all occasions, with the average surprise being 9.23%. Advance Auto Parts, Inc. Price and EPS Surprise Advance Auto Parts, Inc. price-eps-surprise | Advance Auto Parts, Inc. Quote What Does Our Model Say?