Advance Auto Parts (AAP) Q1 Earnings and Revenues Miss Estimates

Advance Auto Parts (AAP) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of$ 0.69 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.90%. A quarter ago, it was expected that this auto parts retailer would post earnings of$ 0.24 per share when it actually produced a loss of $0.59, delivering a surprise of -345.83%.Over the last four quarters ...