Advance Auto Parts (NYSE:AAP) reported first quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.91 on revenue of $2.70B. Analysts polled by forecast EPS of $1.76 on revenue of $2.74B. That compared to EPS of $2.46 on revenue of $2.95B in the same period a year earlier. The company had reported EPS of $1.64 on revenue of $2.11B in the previous quarter.
Advance Auto Parts follows other major Services sector earnings this month
On April 30, Amazon.com reported first quarter EPS of $5.01 on revenue of $75.45B, compared to forecasts of EPS of $6.16 on revenue of $73.74B.
Visa A earnings beat analysts' expectations on April 30, with second quarter EPS of $1.39 on revenue of $5.85B. analysts expected EPS of $1.34 on revenue of $5.72B
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