U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) online retailer of aftermarket auto parts, is reporting third quarter earnings results on Monday 9th November 2020, before market open.
The consensus estimates from Thomson Reuters are $ 91.78 million in revenue.
For the full year, analysts predict revenues of $ 378.10 million, while looking forward to loss of $ 0.03 per share.
Previous Quarter Performance
U.S. Auto Parts Network, Inc. came out with income for the second quarter of $ 0.03 per share, from the revenue of $ 118.93 million. The quarterly revenues increased 59.30 percent compared with the same quarter last year. Street analysts expected $ 84.63 million. The top line results outshined analysts by $ 34.30 million or 40.53 percent.
Stock Performance
On Friday, shares of U.S. Auto Parts Network, Inc. has traded high as $ 14.18 and has cracked $ 13.61 on the downward trend, reaching $ 13.99 with volume of 1.91 million shares.
According to the previous trading day, closing price of $ 13.99, representing a 1,294.23 % increase from the 52 week low of $ 1.04 and a 11.8 % decrease over the 52 week high of $ 16.44.
The company has a market capital of $ 662.02 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
U.S. Auto Parts Network, Inc. will be hosting a conference call at 11:00 AM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.usautoparts.net
U.S. Auto Parts Network, Inc., together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories primarily in the United States and the Philippines. It offers collision parts, such as parts for the exterior of an automobile; mirror products; engine parts comprising engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories to individual consumers through its network of e-commerce Websites and online marketplaces.
