BUZZ-Advance Auto Parts jumps as quarterly earnings beat estimates
Advance Auto Parts, Inc.
Advance Auto Parts, Inc. AAP | 0.00 |
Updates
** Shares of Advance Auto Parts AAP.N rises more than 14% to $58.60 in morning trading
** The firm beats quarterly profit and revenue estimates, driven by strong growth in its Pro business that serves commercial garages and repair workshops
** Posts Q1 adjusted EPS of 77 cents; analysts on an average expected 45 cents - data compiled by LSEG
** Forecasts 2026 adjusted EPS in $2.40 to $3.10 range, whose midpoint is slightly below $2.76 est.
** Reports Q1 net sales of $2.61 billion vs Wall Street estimates of $2.58 billion
** Including session's moves, shares up 46.1% YTD
