U.S. Auto Parts Network Earnings Preview: Can This Streak Finally End?

March 23, 2013

U.S. Auto Parts Network (NASDAQ:PRTS) will report earnings after markets close on Monday, March 25th. US Auto Parts Network, Inc. retails aftermarket automobile parts over the Internet. The Company sells body, engine, and performance parts and accessories.

Here is your Cheat Sheet to U.S. Auto Parts Network Earnings:

Earnings Expectations: Analysts expect earnings of $-0.07 per share on revenues of $65.64 million.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a loss of $0.03 to a loss $0.02. For the current year, the average estimate is a loss of $0.23, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how U.S. Auto Parts Network has been performing on an annual basis:

Fiscal Year	2007	2008	2009	2010	2011
Revenue ($) in millions	160.96	153.42	176.29	262.28	327.07
Diluted EPS ($)	-0.13	-0.57	0.04	-0.46	-0.50

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter	Sep. 30, 2011	Dec. 31, 2011	Mar. 31, 2012	Jun. 30, 2012	Sep. 30, 2012
Revenue ($) in millions	78.59	77.23	87.44	80.72	73.01
Diluted EPS ($)	-0.17	-0.24	-0.03	-0.06	-0.09

Past Performance:
U.S. Auto Parts Network has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com