Advance Auto Parts (NYSE:AAP – Get Free Report) is scheduled to release its earnings data before the market opens on Thursday, August 22nd. Analysts expect Advance Auto Parts to post earnings of $1.03 per share for the quarter. Advance Auto Parts has set its FY 2024 guidance at 3.750-4.250 EPS and its FY24 guidance at $3.75-4.25 EPS.Investors that wish to listen to the company’s conference call can do so using this link.
Advance Auto Parts (NYSE:AAP – Get Free Report) last released its earnings results on Wednesday, May 29th. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.02). The business had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.43 billion. Advance Auto Parts had a return on equity of 1.59% and a net margin of 0.37%. Advance Auto Parts’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.72 EPS. On average, analysts expect Advance Auto Parts to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Advance Auto Parts Stock Performance
AAP opened at $60.82 on Wednesday. Advance Auto Parts has a twelve month low of $47.73 and a twelve month high of $88.56. The firm has a market capitalization of $3.63 billion, a PE ratio of 88.14, a PEG ratio of 1.20 and a beta of 1.20. The company has a current ratio of 1.22, a quick ratio of 0.29 and a debt-to-equity ratio of 0.70. The firm’s 50-day moving average price is $61.53 and its 200 day moving average price is $68.87.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on Advance Auto Parts
About Advance Auto Parts
Advance Auto Parts, Inc provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts.
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