The exciting news about CarParts.com (NASDAQ: PRTS) will be shared on Tuesday 29th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
Wall Street financial experts forecast that the establishment is set to announce an expected $0.11 loss per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $142.2 million for this particular period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share loss of $0.04. This notable figure was attributed to the company's total revenue, which settled at an impressive $166.86 million during that specific quarter.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $593.6 million. Additionally, they expect the company to post loss of $0.5 per share for the fiscal year.
PRTS will host a conference call with investment community on 29th October 2024 at 05:00 PM eastern time to discuss the financial results.
Throughout Friday's trading, CarParts.com (PRTS) shares fluctuated between $0.68 and $0.72, with a trading volume of 936.30 thousand shares. The stock ended the regular trading session at $0.71, reflecting an advance of 4.41 percent.