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U.S. Auto Parts Netw Down 20.33% To $2.00 After Earnings Meet

Friday, March 08, 2024 09:46 AM | InvestorsObserver Analysts

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U.S. Auto Parts Netw Down 20.33% To $2.00 After Earnings Meet

U.S. Auto Parts Netw (PRTS) said after close Thursday that it lost $0.11 per share in quarter four 2023.

On the revenue line, the company reported $156.4 million, beating estimates by $2.5 million.

In the same quarter a year ago, the company lost $0.11 per share on revenue of $154.5 million.

The stock is down 20.33% to $2.00 after the report.



The average recommendation from Wall Street analysts was a Strong Buy which may get revised based on this new data.

InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.

Prior to the report, InvestorsObserver gave the stock an overall score of 39. Meanwhile, the average Wall Street analyst rated the stock a Strong Buy.

CarParts.com Inc is an online provider of automotive aftermarket parts and repair information. The company principally sells its products to individual consumers through its network of websites and online marketplaces. The company's products consist of collision parts serving the body repair market, engine parts to serve the replacement parts market, and performance parts and accessories.

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