Investing.com - Advance Auto Parts reported second quarter earnings that missed analyst's expectations on Tuesday and reported revenue that topped forecasts.
The firm reported earnings per share of $1.59 on revenue of $2.33B. Analysts polled by Investing.com EPS of $1.73 on revenue of $2.2B.
That compared to EPS of $1.43 on revenue of $2.26B in the same period a year earlier.
The firm had reported EPS of $1.97 on revenue of $2.33B in the previous quarter.
Advance Auto Parts shares gained 7.78% to trade at $156.11 in pre-market trade following the report.
For the year, Advance Auto Parts shares are up 54.72%, outperforming the S&P 500 which is up 5.82% year to date.
Advance Auto Parts follows other major earnings reports from the Services sector this month
Amazon.com (NASDAQ:AMZN) reported second quarter earnings that beat analyst's expectations on Thursday, July 26, 2018. The company reported revenue that fell short of forecasts. The firm reported EPS of $5.07 on revenue of $52.89B compared to forecasts of EPS of $2.48 on revenue of $53.37B
Visa reported third quarter earnings that beat analyst's expectations on Wednesday, July 25, 2018. The company reported revenue that topped forecasts. The firm reported EPS of $1.2 on revenue of $5.24B compared to forecasts of EPS of $1.09 on revenue of $5.09B