Advance Auto Parts Reports Second Quarter Fiscal 2016 Results

Morgan Stanley Reiterates Overweight on Advance Auto Parts (AAP) Following 2Q

Morgan Stanley reiterates an Overweight rating and $180.00 price target on Advance Auto Parts (NYSE: AAP) following the company's 2Q earnings report. While Q2 was a poor quarter, Morgan Stanley believes that it is too early to discredit the turnaround story.

Analyst Simeon Gutman... More

Credit Suisse Raises Price Target on Advance Auto Parts (AAP) Following 2Q

Credit Suisse reiterated an Outperform rating on Advance Auto Parts (NYSE: AAP), and raised the price target to $171.00 (from $155.00) following the company's 2Q earnings report.

Analyst Seth Sigman commented, "AAP remains one of the most interesting, but challenging stocks in our sector. The... More

Wedbush Raises Price Target on Advance Auto Parts (AAP) Following Mixed 2Q

Wedbush reiterated an Outperform rating on Advance Auto Parts (NYSE: AAP), and raised the price target to $175.00 (from $160.00), following the company's 2Q earnings report.

Analyst Seth Basham commented, "AAPs 2Q16 results beat top line expectations (comps -4.1% vs. our/consensus -4.5%), but missed bottom line expectations... More

BTIG Cuts Low Ests on Advanced Auto (AAP) Further Following Q2 Report; Affirms at 'Sell'

BTIG is cutting estimates on Sell-rated Advance Auto Parts (NYSE: AAP) following Q2 results issued earlier Tuesday. The firm reiterates its $120 price target on the stock.

Analyst Alan Rifkin said, AAP reported 2Q16 EPS of $1.90, $0.24 below our estimate of $2.14. Comp sales declined (4.1)%,... More

Advance Auto Parts (AAP) Misses Q2 EPS by 22c; Comps Fell 4.1%

Advance Auto Parts (NYSE: AAP) reported Q2 EPS of $1.90, $0.22 worse than the analyst estimate of $2.12. Revenue for the quarter came in at $2.26 billion versus the consensus estimate of $2.24 billion.

Comparable store sales fell 4.1 percent.

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