Advance Auto Parts Inc (NYSE:AAP) is set to announce second quarter earning results on Tuesday 18th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, AAP to report 2Q20 income of $ 1.96 per share.
For the full year, analysts anticipate top line of $ 9695.21 million, while looking forward to income of $ 6.70 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 9,880.00 million ~ $ 10,100.00 million
Click Here For More Historical Outlooks Of Advance Auto Parts Inc
Previous Quarter Performance
Advance Auto Parts Inc unfold income for the first quarter of $ 0.91 per share, from the revenue of $ 2,698.00 million. The quarterly earnings declined 63.01 percent while revenues lowered 8.61 percent compared with the same quarter last year.
Wall street analysts are predicting, AAP to report 1Q20 income of $ 1.75 per share from revenue of $ 2736.45 million. The bottom line results missed street analysts by $ 0.84 or 48 percent, at the same time, top line results fell short of analysts by $ 38.45 million or 1.41 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Advance Auto Parts Inc
Stock Performance
The company has a market capital of $ 11.00 billion and is part of the Services sector and Auto Parts Stores industry.
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Recent Analyst recommendations
- On 26th June 2020, maintained by UBS Group at Buy rating, with $ 165.00 target price.
Recent Stock Dividend Announcement
On May 15, 2020, the board of directors authorized quarterly dividend of $ 0.25 per share to holders of record as of the close of business on June 13, 2020, with payment date of July 3, 2020 and ex-dividend date on June 11, 2020.
Conference Call
Advance Auto Parts Inc will be hosting a conference call at 8:00 AM eastern time on 18th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.advanceautoparts.com
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.
