Earnings Outlook For CarParts.com
Portfolio Pulse from Benzinga Insights
CarParts.com (NASDAQ:PRTS) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $-0.06. The company's past performance shows a trend of share price drops following earnings reports. The stock is currently trading at $3.35, down 26.71% over the last 52-week period.
October 27, 2023 | 5:01 pm
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CarParts.com is expected to report an EPS of $-0.06. Given the company's history of share price drops following earnings reports, investors may be cautious.
CarParts.com has a history of share price drops following earnings reports. Last quarter, the company missed EPS by $0.00, which was followed by a 10.42% drop in the share price the next day. Given this trend, it's likely that the upcoming earnings report could have a negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100