Investing.com – Advance Auto Parts reported third quarter earnings that missed analysts’ expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $1.73 on revenue of $2.33B. Analysts polled by Investing.com anticipated EPS of $2.05 on revenue of $2.31B. That compared to EPS of $1.89 on revenue of $2.27B in the same period a year earlier. The company had reported EPS of $2 on revenue of $2.33B in the previous quarter.
Advance Auto Parts follows other major Services sector earnings this month
On July 25, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.
Alibaba ADR earnings beat analysts’ expectations on Thursday, with first quarter EPS of $12.55 on revenue of $114.92B. Investing.com analysts expected EPS of $10.29 on revenue of $111.78B
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