Carparts.Com Inc reports results for the quarter ended March 31 - Earnings Summary

• Carparts.Com Inc PRTS.OQ reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of two analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -18 cents to -7 cents per share.

• Revenue fell 11.4% to $147.38 million from a year ago; analysts expected $146.14 million.

• Carparts.Com Inc's reported EPS for the quarter was a loss of 27 cents​.

• The company reported a quarterly loss of $15.28 million.

• Carparts.Com Inc shares had fallen by 17.9% this quarter and lost 24.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 50% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto vehicles, parts & service retailers peer group is "hold."

• Wall Street's median 12-month price target for Carparts.Com Inc is $1.90

This summary was machine generated from LSEG data May 13 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)