CarParts.com (PRTS) Set to Announce Quarterly Earnings on Tuesday

CarParts.com (NASDAQ:PRTS) is set to release its earnings data after the market closes on Tuesday, May 7th. Analysts expect CarParts.com to post earnings of ($0.10) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

CarParts.com (NASDAQ:PRTS) last announced its quarterly earnings results on Thursday, March 7th. The specialty retailer reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.01). The firm 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 company posted ($0.11) earnings per share.

CarParts.com Trading Up 3.3 %

Shares of CarParts.com stock opened at $1.25 on Tuesday. CarParts.com has a fifty-two week low of $1.21 and a fifty-two week high of $5.16. The company has a current ratio of 1.71, a quick ratio of 0.57 and a debt-to-equity ratio of 0.11. The firm has a 50-day simple moving average of $1.80 and a two-hundred day simple moving average of $2.65.

Wall Street Analysts Forecast Growth

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

CarParts.com Company Profile

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.