Advance Auto Parts Q2 Earnings Outlook

On Tuesday, Advance Auto Parts AAP will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Based on Advance Auto Parts management projections, analysts predict EPS of $1.85 on revenue of $2.27 billion.

If the company were to match the consensus estimate when it reports Tuesday, EPS would be up 17.09 percent. Sales would be up 0.27 percent on a year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 34.04 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Advance Auto Parts. The strength of this rating has maintained conviction over the past three months.