The highly anticipated financial results for the second quarter of Advance Auto Parts (NYSE: AAP) are scheduled to be disclosed on Thursday 22nd August 2024. This important update will be made available before market open, providing investors and market participants with key information regarding the company’s financial status.
It is anticipated by financial experts on Wall Street that the concern is set to announce an estimated $0.94 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $2.67 billion for this period.
The company’s full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $11.29 billion. Further, they expect the earnings per share to achieve profit of $3.55 for the fiscal year.
The company’s earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.43. This figure was a result of the company’s total revenue, which reached an impressive $2.69 billion during that specific period.
During the previous trading day, Advance Auto Parts (AAP) shares reached a low of $60.81 and a high of $61.95, along with a total volume of 1.55 million shares. The stock ended Wednesday’s regular trading session at $61.92, marking an upturn of 1.83 percent.
