Home News Advance Auto Parts earnings miss, Revenue beats in Q2 By Investing.com

Advance Auto Parts earnings miss, Revenue beats in Q2 By Investing.com

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© Reuters.

Investing.com – Advance Auto Parts reported second quarter that missed analysts’ expectations on Monday and revenue that topped forecasts.

The firm reported earnings per share of $1.98 on revenue of $2.95B. Analysts polled by Investing.com anticipated EPS of $2.23 on revenue of $2.37B. That compared to EPS of $1.97 on revenue of $2.33B in the same period a year earlier. The company had reported EPS of $2.46 on revenue of $2.95B in the previous quarter.

For the year, Advance Auto Parts shares are up 0.4%, under-performing the which is up 14.09% year to date.

Advance Auto Parts follows other major Services sector earnings this month

On Wednesday, May 15, 2019, Alibaba ADR reported fourth quarter EPS of $8.57 on revenue of $93.5B, compared to forecasts of EPS of $6.56 on revenue of $91.54B.

Walmart earnings beat analyst’s expectations on Thursday, May 16, 2019, with first quarter EPS of $1.13 on revenue of $123.9B. Investing.com analysts expected EPS of $1.02 on revenue of $125.28B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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