Advance Auto Parts (AAP) reported $2.15 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 21%. EPS of -$0.04 for the same period compares to -$0.82 a year ago.The reported revenue represents a surprise of -19.40% over the Zacks Consensus Estimate of $2.67 billion. With the consensus EPS estimate being $0.52, the EPS surprise was -107.69%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Advance Auto Parts (AAP) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.52. This compares to loss of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -107.69%. A quarter ago, it was expected that this auto parts retailer would post earnings of $0.97 per share when it actually produced earnings of $0.75, delivering a surprise of -22.68%.Over the last four quarters, the company h ...

Exhibit 99.1 Advance Auto Parts Reports Third Quarter 2024 Results and Completes Comprehensive Review of Operational Productivity ▪ Announces Asset Optimization Program Targeting Reduction of 500 Corporate Stores, 200 Independently Owned Locations and Four Distribution Centers by Mid-2025 ▪ Introduces New Fiscal 2027 Financial Objectives Targeting Approximately 7% Adjusted Operating Income Margin and Approximately 2.5x Debt Leverage Ratio; Provides Preliminary 2025 Guidance (1) ▪ Identifies Over 500-basis p ...

Advance Auto Parts, Inc. AAP will release earnings results for its third quarter, before the opening bell on Thursday, Nov. 14.Analysts expect the Raleigh, North Carolina-based company to report quarterly earnings at 54 cents per share, versus a year-ago loss of 82 cents per share. Advance Auto Parts projects to report revenue of $2.67 billion for the quarter, compared to $2.72 billion a year earlier, according to data from Benzinga Pro.On Nov. 4, Advance Auto Parts announced the close of the sale of Worldp ...

Analysts on Wall Street project that Advance Auto Parts (AAP) will announce quarterly earnings of $0.52 per share in its forthcoming report, representing an increase of 163.4% year over year. Revenues are projected to reach $2.67 billion, declining 2% from the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 28.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial est ...

Advance Auto Parts (AAP) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on No ...

A turnaround plan is in place and now it has more money to make the plan a reality.Autozone and O'Reilly are the two giants in the car-parts retail space. These two companies have market capitalizations of $53 billion and $71 billion, respectively. By comparison, Advance Auto Parts (AAP 1.12%) is tiny with its market cap of just $2.4 billion. But this value disparity is somewhat surprising.Advance has almost 4,800 locations, while Autozone has nearly 7,400 and O'Reilly has around 6,200. So the latter two ar ...

This company makes it easier for app developers to generate revenue from their creations. Applovin (AAP 1.12%) has been one of the biggest winners of the artificial intelligence boom. *Stock prices used were the afternoon prices of Oct. 15, 2024. The video was published on Oct. 17, 2024. ...

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This automotive parts retailer is attempting to jump-start its growth engine.Like an old car that breaks down often, Advance Auto Parts (AAP 1.02%) stock has been a giant headache for investors. The automotive parts retailer and distributor has struggled amid an industry slowdown and weaker-than-expected earnings. Shares have declined by 83% from their all-time high in early 2022, with the sell-off continuing this year.The numbers are discouraging, but this type of volatility can sometimes present a compell ...