Market Overview

Preview: Advance Auto Parts's Earnings


Advance Auto Parts (NYSE: AAP) announces its next round of earnings this Tuesday, August 18. Here is Benzinga's everything-that-matters guide for this Tuesday's Q2 earnings announcement.

Earnings and Revenue

Analysts predict Advance Auto Parts will report earnings of $1.96 per share on revenue of $2.38 billion. In the same quarter last year, Advance Auto Parts announced EPS of $2.0 on revenue of $2.33 billion. The analyst consensus estimate would represent a 2.0% decline in the company's EPS figure. Revenue would be up 2.06% from the same quarter last year. Advance Auto Parts's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 1.75 1.36 2.05 2.21
EPS Actual 0.91 1.64 2.10 2
Revenue Estimate 2.74 B 2.12 B 2.30 B 2.36 B
Revenue Actual 2.70 B 2.11 B 2.31 B 2.33 B

Stock Performance

For a full 12 months, the return has risen by 18.85%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Don't be surprised to see the stock move on comments made during its conference call. Advance Auto Parts is scheduled to hold the call at 08:00:00 ET and can be accessed here:


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Posted-In: Earnings