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Progress Car Elements (AAP) Tops Q2 Earnings and Profits Estimates

Advance Vehicle Sections (AAP) arrived out with quarterly earnings of $3.40 for each share, beating the Zacks Consensus Estimate of $2.95 for each share. This compares to earnings of $2.92 for each share a calendar year back. These figures are adjusted for non-recurring products.

This quarterly report represents an earnings shock of 15.25%. A quarter back, it was expected that this automobile elements retailer would publish earnings of $3.08 per share when it in fact developed earnings of $3.34, offering a shock of 8.44%.

About the final 4 quarters, the corporation has surpassed consensus EPS estimates a few times.

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