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

Advance Auto Parts (AAP) came out with a quarterly loss of $0.59 per share versus the Zacks Consensus Estimate of$ 0.24. This compares to earnings of $2.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -345.83%. A quarter ago, it was expected that this auto parts retailer would post earnings of$ 1.42 per share when it actually produced a loss of $0.82, delivering a surprise of -157.75%.Over the last four quarters, the compan ...