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Stock impact report

CarParts.com, Inc. (NASDAQ:PRTS) Just Reported And Analysts Have Been Cutting Their Estimates [Yahoo! Finance]

CarParts.com, Inc. (PRTS) 
Last carparts.com, inc. earnings: 3/9 04:16 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.usautoparts.net
Company Research Source: Yahoo! Finance
Revenues of US$166m were in line with expectations, although statutory losses per share were US$0.11, some 15% smaller than was expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. View our latest analysis for CarParts.com Following the recent earnings report, the consensus from two analysts covering CarParts.com is for revenues of US$607.0m in 2024. This implies a not inconsiderable 8.9% decline in revenue compared to the last 12 months. Losses are forecast to balloon 40% to US$0.39 per share. Before this earnings announcement, the analysts had been modelling revenues of US$665.2m and losses of US$0.11 per share in 2024. So it's pretty clear the analysts have mixed opinions on CarParts.com after Show less Read more
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