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Benzinga
89 days

Advance Auto Parts Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. AAP expects a loss of $0.69 per share for Q1 2025. 2. Projected revenue of $2.51 billion is down from $3.41 billion last year. 3. Recent analysts downgraded price targets, indicating cautious sentiment. 4. Company has completed store closures and is shifting focus on growth. 5. Shares fell 8.3%, closing at $31.31 amid negative outlook.

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FAQ

Why Bearish?

The anticipated loss and reduced revenue projections suggest poor financial health, similar to past performance dips like Q2 2023.

How important is it?

The upcoming earnings announcement and analyst downgrades signify critical short-term effects on AAP's performance.

Why Short Term?

Immediate financial results will affect stock prices quickly, as seen in recent trends.

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