Advance Auto Parts Inc (NYSE:AAP) reported fourth quarter results, which beat Wall Street expectations, sending shares higher in pre-market.
Net income was US$184.5mln, or US$2.49 per share. Earnings, adjusted for one-time gains and costs, came in at 77 US cents a share.
The results exceeded expectations, where consensus was for earnings of 65 US cents per share.
Advance Auto Parts beats by $0.14, beats on revenue https://t.co/nm1ZEgs30B #premarket $AAP
— Breaking News (@MarketCurrents) February 21, 2018
Elsewhere, United Therapeutics Corp shares were at US$134.96 as it beat Wall Street expectations, reporting fourth-quarter earnings of US$19mln.
Pandora Media Inc (NYSE:P) is up 3.28% to US$5.33 as the streaming company is set to report results after the bell.
The firm is projected to post quarterly loss at $0.08 per share on revenues of $376.33mln.
DISH Network Corp (NASDAQ:DISH) lost 2.45% in pre-market deals as it reported a fourth-quarter profit surge due to a US$1.2bn benefit related to US tax law reforms, the US satellite and internet TV provider said.