Top Wall Street Forecasters Revamp Advance Auto Parts Expectations Ahead Of Q2 Earnings

Advance Auto Parts, Inc. (NYSE: AAP ) will release its second quarter earnings report before the opening bell on Thursday, Aug. 20. Analysts expect the Raleigh, North Carolina-based company to report quarterly earnings of 81 cents per share, up from 69 cents per share in the year-ago period. The consensus estimate for AAP’s quarterly revenue is $2.04 billion. It reported $2.01 billion last year, according to Benzinga Pro.

On May 21, Advance Auto Parts reported better-than-expected first-quarter financial results. Shares of Advance Auto Parts fell 1.4% to close at $56.18 on Wednesday.