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What Analysts Expect for Advance Auto Parts’ Q2 2018 Results

John Parker
What Analysts Expect for Advance Auto Parts’ Q2 2018 Results

In the first quarter (ended April 21), Advance Auto Parts’ (AAP) adjusted EPS rose ~31% YoY (year-over-year) to $2.10 from $1.60, beating analysts’ estimate of $1.97. Despite the earnings beat, AAP’s weaker revenue and comp sales worried investors. In the fourth quarter of 2017, Advance Auto Parts’ adjusted EPS fell ~23% YoY.