What Analyst Projections for Key Metrics Reveal About Advance Auto Parts (AAP) Q4 Earnings

Wall Street analysts expect Advance Auto Parts (AAP) to post quarterly loss of $1.39 per share in its upcoming report, which indicates a year-over-year decline of 135.6%. Revenues are expected to be $1.92 billion, down 22.1% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.With that in mind, let's delve into the average projections of some Advance Auto Parts metrics that are commonly tracked and projected by analysts on Wall Street.Analysts forecast 'Number of stores (Retail) - Total' to reach 4,721. The estimate is in contrast to the year-ago figure of 5,107.Based on the collective assessment of analysts, 'Number of stores opened' should arrive at 5. Compared to the current estimate, the company reported 10 in the same quarter of the previous year.It is projected by analysts that the 'Number of stores - AAP' will reach 4,452. The estimate is in contrast to the year-ago figure of 4,484.According to the collective judgment of analysts, 'Number of stores (BOP)' should come in at 4,781. Compared to the present estimate, the company reported 5,105 in the same quarter last year.Analysts predict that the 'Number of stores - CARQUEST' will reach 287. The estimate is in contrast to the year-ago figure of 302.View all Key Company Metrics for Advance Auto Parts here>>>Over the past month, Advance Auto Parts shares have recorded returns of -10.3% versus the Zacks S&P 500 composite's -0.5% change. Based on its Zacks Rank #3 (Hold), AAP will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Advance Auto Parts, Inc. (AAP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks