Advance Auto Beats but Earnings Fall – Analyst Blog
May 28, 2013 at 07:15 AM EDT
Advance Auto Parts Inc. (AAP) saw a 7.8% decline in earnings to $1.65 per share in the first quarter of its fiscal year ended Apr 20, 2013 from $1.79 in the same quarter of prior fiscal year. Nevertheless, earnings were higher than the Zacks Consensus Estimate of $1.61 per share. Net earnings fell 8.8% to [...]