Carparts.Com Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters
2024-10-30

* Carparts.Com Inc reported a quarterly adjusted loss of 17 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of three analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -12 cents to -9 cents per share.

* Revenue fell 13.3% to $144.75 million from a year ago; analysts expected $142.20 million.

* Carparts.Com Inc's reported EPS for the quarter was a loss of 17 cents​.

* The company reported a quarterly loss of $10.02 million.

* Carparts.Com Inc shares had fallen by 16.1% this quarter and lost 75.9% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the auto vehicles, parts & service retailers peer group is also "hold"

Wall Street's median 12-month price target for Carparts.Com Inc is $2.00 This summary was machine generated from LSEG data October 30 at 02:50 a.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

Sep. 30 2024 -0.11 -0.17 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

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