Investing.com – Advance Auto Parts reported second quarter that missed analysts’ expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $1.98 on revenue of $2.95B. Analysts polled by Investing.com forecast EPS of $2.23 on revenue of $2.37B. That compared to EPS of $1.97 on revenue of $2.33B in the same period a year earlier. The company had reported EPS of $2.46 on revenue of $2.95B in the previous quarter.
Advance Auto Parts follows other major Services sector earnings this month
On May 15, Alibaba ADR reported fourth quarter EPS of $8.57 on revenue of $93.5B, compared to forecasts of EPS of $6.56 on revenue of $91.54B.
Walmart earnings beat analysts’ expectations on May 16, with first quarter EPS of $1.13 on revenue of $123.9B. Investing.com analysts expected EPS of $1.02 on revenue of $125.28B
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