Commerzbank Q4 hit by Greek writedown
Germany's second biggest lender takes a $931 million hit on Greek sovereign debt and warns euro zone jitters still threaten earnings. Video
Read
- Putin praises Cold War moles for stealing U.S. nuclear secrets
- Karzai says U.S. officer burned Korans, Obama apologizes
|
- Whitney Houston Open Casket Photo Graces National Enquirer Cover
- 'Seinfeld' Actor in Critical Condition After Apparent Suicide Attempt (Report)
- Rome expands cruise ship probe as bodies found
UPDATE 1-Advance Auto Parts Q3 EPS beats, sees strong FY profit
* Q3 EPS $1.41 vs est $1.18
* Q3 rev $1.46 bln in line with est
* Sees FY EPS $4.90 to $4.95 vs est $4.69
* Shares up 4 pct after market
Nov 9 (Reuters) - U.S. auto parts retail chain Advance Auto Parts Inc posted better-than-expected quarterly results helped by higher same-store sales and new store openings, and forecast full-year earnings above analysts' estimates.
The company said it expects full-year profit of $4.90-$4.95 per share, compared with average analysts' expectations of $4.69, according to Thomson Reuters I/B/E/S.
For the third quarter, net income was $105.5 million, or $1.41 a share, compared with $87.6 million, or $1.03 a share a year ago.
Revenue rose 4 percent to $1.46 billion.
Analysts had expected earnings of $1.18 a share, before special items, on revenue of $1.46 billion.
Shares of the Roanoke, Virginia-based company were up 4 percent at $69.25 in extended trade. They closed at $66.37 on Wednesday on the New York Stock Exchange.
They have gained about 32 percent in value since Aug. 10 when the company posted a strong second quarter.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints



Follow Reuters