Advance Auto Parts Reports Q4 Beat & Better Than Expected Guidance 
<p><a href='https://financialmodelingprep.com/financial-summary/AAP'>Advance Auto Parts (NYSE:AAP)</a> reported its Q4 results, with EPS of $2.88 beating the Street estimate of $2.43. Revenue was $2.5 billion, above the Street estimate of $2.42 billion.</p>
<p>The company provided its full 2023 year outlook, expecting revenue in the range of $11.4-11.6 billion, compared to the Street estimate of $11.33 billion.</p>
<p>According to the analysts at RBC Capital, visibility into the company's forward margin trajectory remains limited, feeding into the current valuation gap vs. peers. With an unclear margin outlook and uncertainty around where new leadership may be focused, the analysts believe shares are likely to trade sideways near-term. The analysts maintained their Sector Perform rating and $158 price target on the company’s shares.</p>

NYSE:AAP