CarParts.com Q2 2024 GAAP EPS $(0.15) Misses $(0.10) Estimate, Sales $144.270M Miss $155.717M Estimate
Portfolio Pulse from Benzinga Newsdesk
CarParts.com (NASDAQ:PRTS) reported Q2 2024 GAAP EPS of $(0.15), missing the $(0.10) estimate. Sales were $144.270M, missing the $155.717M estimate and down 18.48% from last year.
July 30, 2024 | 8:28 pm
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CarParts.com reported Q2 2024 GAAP EPS of $(0.15), missing the $(0.10) estimate by 50%. Sales were $144.270M, missing the $155.717M estimate by 7.35% and down 18.48% YoY.
The significant miss on both EPS and sales estimates, along with a notable year-over-year decline in sales, is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100