Home Auto Parts Advance Auto Parts (AAP) Q4 Earnings Beat Estimates, Up Y/Y

Advance Auto Parts (AAP) Q4 Earnings Beat Estimates, Up Y/Y

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Advance Auto Parts, Inc. AAP mentioned adjusted earnings of $1.17 in keeping with the percentage in fourth-quarter 2018 (ended Dec 29, 2018), up from 77 cents in the prior yr quarter. The determine surpassed the Zacks Consensus Estimate of $1.14. Adjusted running earnings multiplied 11.7% 12 months over yr to $127.1 million.

Advance Auto Parts started internet revenues of $2.1 billion, nearly in step with the Zacks Consensus Estimate. Revenues were 3.3% better than the 12 months-ago areas. During the zone below evaluation, similar save income was 3.4% higher 12 months over the year.

Advance Auto Parts

Gross income changed to $928.6 million within the suggested region, higher than the previous-year sector figure of $873.6 million. Gross Profit margin extended one hundred twenty basis points year over 12 months to 44.1%.

Adjusted selling, widespread and administrative (SG&A) expenses totaled $802.4 million compared to $759.Nine million within the year in the past period.
2018 Results

For 2018, Advance Auto Parts suggested adjusted profits according to the percentage of $7.Thirteen, up from the 2017 parent of $five.37.For 2018, sales had been $nine.6 billion, up from the 2017 figure of $nine.Four billion.




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Advance Auto Parts (AAP) Q4 Earnings Beat Estimates, Up Y/Y 2
Elaine Howell
Automobile engineering is my hobby and I like to write about cars. My blog covers everything related to automobiles, from engines to design, manufacturing, maintenance, repair, and even new models. Automobile engineering is something that requires lots of skills, and I have been practicing since I was in college. Automobile engineering is limited to one’s technical ability and involves understanding many other aspects such as sales, marketing, legal, financial, and so on. Therefore, this is a perfect job for an individual who is interested in all aspects of automobile industry.

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Advance Auto Parts (AAP) Q4 Earnings Beat Estimates, Up Y/Y 3