Advance Auto Parts (AAP) Reports Q4 Loss, Tops Revenue Estimates

Core Viewpoint - Advance Auto Parts reported a quarterly loss of $1.18 per share, which was better than the Zacks Consensus Estimate of a loss of $1.38, but worse than a loss of $0.59 per share a year ago, indicating a significant earnings surprise of 14.49% [1] Financial Performance - The company posted revenues of $2 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.80%, although this represents a decline from year-ago revenues of $2.46 billion [2] - Over the last four quarters, Advance Auto Parts has exceeded consensus EPS estimates only once [2] Stock Performance - Advance Auto Parts shares have declined approximately 3% since the beginning of the year, contrasting with the S&P 500's gain of 1.3% [3] Future Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $0.28 on revenues of $2.6 billion, and for the current fiscal year, it is $1.57 on revenues of $8.5 billion [7] Industry Context - The Automotive - Retail and Wholesale - Parts industry is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]