U.S. Auto Components (PRTS) Studies Q3 Loss, Tops Income Estimates

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U.S. Auto Components (PRTS) Studies Q3 Loss, Tops Income Estimates

U.S. Auto Components (PRTS) got here out with a quarterly lack of $0.04 per share versus the Zacks


U.S. Auto Components (PRTS) got here out with a quarterly lack of $0.04 per share versus the Zacks Consensus Estimate of a lack of $0.03. This compares to earnings of $0.01 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -33.33%. 1 / 4 in the past, it was anticipated that this on-line auto components retailer would put up a lack of $0.04 per share when it truly produced a lack of $0.04, delivering no shock.

During the last 4 quarters, the corporate has not been capable of surpass consensus EPS estimates.

U.S. Auto Components, which belongs to the Zacks Automotive – Retail and Wholesale – Components trade, posted revenues of $69.27 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 2.81%. This compares to year-ago revenues of $69.46 million. The corporate has topped consensus income estimates two instances over the past 4 quarters.

The sustainability of the inventory’s instant worth motion…



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