Shares of Advance Auto Parts AAP moved higher by 0.7% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 267.03% over the past year to $3.34, which beat the estimate of $3.08.
Revenue of $3,330,000,000 rose by 23.42% from the same period last year, which beat the estimate of $3,280,000,000.
Looking Ahead
The upcoming fiscal year's revenue expected to be between $10,400,000,000 and $10,600,000,000.
Conference Call Details
Date: Jun 02, 2021
Time: 08:00 AM
Technicals
Company's 52-week high was at $210.18
52-week low: $130.33
Price action over last quarter: Up 21.13%
Company Description
Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,976 stores as of the end of 2020, in addition to servicing 1,277 independently owned Carquest stores. The company's Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 57% of its 2020 sales from commercial clients, up from 30%-40% before the General Parts deal.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.