Advance Auto Parts (AAP) Reports Q3 Loss, Misses Revenue Estimates

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 ...