CarParts.com, Inc. Q2 Loss Increases, Misses Estimates

Published 2 months ago Negative
CarParts.com, Inc. Q2 Loss Increases, Misses Estimates
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(RTTNews) - CarParts.com, Inc. (PRTS) released Loss for its second quarter that increased from last year and missed the Street estimates.

The company's bottom line came in at -$12.71 million, or -$0.23 per share. This compares with -$8.69 million, or -$0.15 per share, last year.

Analysts on average had expected the company to earn -$0.19 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 5.3% to $151.95 million from $144.27 million last year.

CarParts.com, Inc. earnings at a glance (GAAP) :

-Earnings: -$12.71 Mln. vs. -$8.69 Mln. last year. -EPS: -$0.23 vs. -$0.15 last year. -Revenue: $151.95 Mln vs. $144.27 Mln last year.

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