UPDATE 1-Advance Auto Parts 4th-qtr beats; shares up

Thu Feb 16, 2012 9:23am EST

* Q4 adj EPS $0.90 vs est $0.75

* Q4 rev up 5 pct

* Shares up 5 pct in premarket trade

Feb 16 (Reuters) - U.S. auto parts retail chain Advance Auto Parts Inc posted quarterly results above analysts' expectations, helped by higher same-store sales and new store openings.

The company said it expects full-year profit of $5.55-$5.75 per share. Analysts on average were expecting $5.64 a share, according to Thomson Reuters I/B/E/S.

For the fourth quarter, net income was $66.4 million, or 90 cents a share, compared with $48.1 million, or 57 cents a share, a year ago.

Revenue rose about 5 percent to $1.33 billion, helped partly by a comparable store sales gain of 2.9 percent.

Analysts had expected earnings of 75 cents a share, before special items, on revenue of $1.32 billion.

Shares of the Roanoke, Virginia-based company were up 5 percent at $83.15 in trading before the bell. They closed at $79.40 on Wednesday on the New York Stock Exchange.

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