BUZZ-Advance Auto Parts rises as quarterly earnings beat estimates
Advance Auto Parts, Inc.
Advance Auto Parts, Inc. AAP | 0.00 |
** Shares of Advance Auto Parts AAP.N climb 4.3% to $53.45 premarket
** 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
** As of last close, stock had risen 30.4% YTD
