Carparts.Com Inc PRTS.OQ reported a quarterly adjusted loss of 15 cents per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of three analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -10 cents to -9 cents per share.
Revenue fell 18.5% to $144.27 million from a year ago; analysts expected $155.72 million.
Carparts.Com Inc's reported EPS for the quarter was a loss of 15 cents.
The company reported a quarterly loss of $8.69 million.
Carparts.Com Inc shares had risen by 23.5% this quarter and lost 60.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 11.5% in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."
The average consensus recommendation for the auto vehicles, parts & service retailers peer group is also "buy"
Wall Street's median 12-month price target for Carparts.Com Inc is $2.00
This summary was machine generated from LSEG data July 30 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Jun. 30 2024 |
-0.10 |
-0.15 |
Missed |
Mar. 31 2024 |
-0.10 |
-0.11 |
Missed |
Dec. 31 2023 |
-0.11 |
-0.11 |
Met |
Sep. 30 2023 |
-0.06 |
-0.04 |
Beat |