Advance Auto Parts (AAP) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Advance Auto Parts (AAP) reported $3.41 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 0.3%. EPS of$ 0.67 for the same period compares to $0.72 a year ago.The reported revenue represents a surprise of -0.79% over the Zacks Consensus Estimate of$ 3.43 billion. With the consensus EPS estimate being $0.69, the EPS surprise was -2.90%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...