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Advance Auto Parts Guides FY24 EPS Above Estimates - Update
(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, automotive aftermarket parts provider Advance Auto Parts Inc. (AAP) initiated earnings, net sales and comparable store sales growth guidance for the full year 2024.
For fiscal 2024, the company now projects earnings in a range of $3.75 to $4.25 per share on net sales between $11.30 billion and $11.40 billion, with comparable store sales increase in a range of 0 to 1 percent.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.57 per share on sales of $11.46 billion for the year. Analysts' estimates typically exclude special items.
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Advance Auto Parts Boosts FY24 Net Sales Outlook; Q1 Results Miss Estimates
While reporting financial results for the first quarter on Wednesday, automotive aftermarket parts provider Advance Auto Parts Inc. (AAP) maintained its earnings and comparable store sales growth guidance for the full year 2024, while boosting annual net sales outlook.
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Advance Auto Parts Guides FY23 EPS Below Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, automotive aftermarket parts provider Advance Auto Parts Inc. (AAP) initiated earnings, net sales and comparable store sales growth guidance for the full year 2023.
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European Shares Seen Flat To Higher At Open
European stocks may open flat to slightly higher on Friday as U.S. President Donald Trump's "big, beautiful" tax bill heads to the Senate for debate and review.
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European Economic News Preview: UK Retail Sales Data Due
Retail sales from the UK and detailed quarterly national accounts from Germany are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales for April. Economists forecast retail sales to grow 0.3 percent on a monthly basis, after rising 0.4 percent in March.
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Sensex, Nifty Rebound As US Bond Yields Ease
Indian shares traded higher on Friday as U.S. Treasury yields eased from recent highs on improved economic data and comments from a Federal Reserve official that he still sees a path to interest rate cuts later this year.
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hace 2h 1min
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Friday, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains is financial and technology stocks partially offset by weakness in mining and energy stocks.
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Asian Markets Trade Mixed
Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as US Treasury yields eased on improved US data and comments from a US Fed official that he still sees a path to interest rate cuts later this year. Concerns about the fiscal impact of the US Republican tax cut bill is weighing on the markets. Asian markets ended mostly lower on Thursday.
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Sensex, Nifty Seen Higher At Open
Indian shares are seen opening a tad higher on Friday as U.S. Treasury yields eased on improved U.S. data and comments from a Federal Reserve official that he still sees a path to interest rate cuts later this year.
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hace 3h 33min
