CarParts.com's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
CarParts.com (NASDAQ:PRTS) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $-0.01. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $4.95, down 41.56% over the last 52-week period.

July 31, 2023 | 9:31 pm
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NEGATIVE IMPACT
CarParts.com is expected to report an EPS of $-0.01 in its upcoming earnings. The stock has been down 41.56% over the past year.
The company's stock has been on a downward trend over the past year, which could be a concern for investors. Additionally, the estimated EPS is negative, which could further impact the stock negatively if the company fails to beat the estimate. However, the company's past performance shows that the stock price does not always correlate with the earnings beat or miss, indicating that other factors such as future guidance could also play a significant role.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100