CarParts.com (PRTS) to Release Earnings on Tuesday

CarParts.com (NASDAQ:PRTS) will be posting its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect CarParts.com to post earnings of ($0.10) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

CarParts.com (NASDAQ:PRTS) last issued its earnings results on Thursday, March 7th. The specialty retailer reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.01). The business had revenue of $156.40 million for the quarter, compared to analysts’ expectations of $150.60 million. CarParts.com had a negative return on equity of 7.06% and a negative net margin of 1.22%. During the same period last year, the business earned ($0.11) EPS.

CarParts.com Price Performance

Shares of PRTS opened at $1.28 on Monday. The company has a market capitalization of $72.51 million, a P/E ratio of -9.14 and a beta of 2.05. The business’s 50-day moving average is $1.69 and its two-hundred day moving average is $2.58. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.57 and a current ratio of 1.71. CarParts.com has a fifty-two week low of $1.19 and a fifty-two week high of $5.16.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered CarParts.com from a “buy” rating to a “hold” rating in a research report on Thursday, March 7th.

About CarParts.com

CarParts.com, Inc, together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories.