CarParts.com Expected to Post 11-Cent Loss, 10.9% Revenue Decline for Q1
Summary
CarParts.com is expected to report a loss of 11 cents per share and a 10.9% decrease in revenue to $131.375 million for the first quarter ending March 31, 2026, according to analyst estimates. This earnings preview follows the company's recent 10-K filing, which highlighted a wider net loss for fiscal year 2025, significant delisting risk from Nasdaq, and dilutive financing. The anticipated continued losses and revenue decline reinforce the ongoing financial challenges for the small-cap online auto parts retailer. Traders will be closely watching the actual earnings release on May 7 for confirmation of these trends and any updates on the company's efforts to address its financial distress and Nasdaq compliance.
At the time of this announcement, PRTS was trading at $0.93 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $65.6M. The 52-week trading range was $0.37 to $1.36. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.