Advance Auto Parts (AAP) Misses Q1 EPS by $1.84; Lowers Outlook

Advance Auto Parts (NYSE: AAP) reported Q1 EPS of $0.72, $1.84 worse than the analyst estimate of $2.56. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.43 billion.

GUIDANCE:

Advance Auto Parts sees FY2023 EPS of $6.00-$6.50, versus the consensus of $10.64. Advance Auto Parts sees FY2023 revenue of $11.2-11.3 billion, versus the consensus of $11.43 billion.

For earnings history and earnings-related data on Advance Auto Parts (AAP) click here.

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