Motorcar Parts of America Inc expected to post earnings of 32  cents a share - Earnings Preview

Motorcar Parts of America

07/02/2022 14:39

* Motorcar Parts of America Inc  MPAA.OQ   MPAA.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 9. 
    * The Torrance California-based  company is expected to
report  a
14.6% increase in revenue to $140.5 million from $122.57 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Motorcar Parts of
America
Inc is for earnings of 32 cents per share. For the same quarter
last year, the company reported earnings of 34 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Motorcar
Parts of
America Inc is $28​, about 42.6% above​ its last closing price
of $16.08. ​​​

This summary was machine generated February 7 at 14:39 GMT.  All
figures in US dollars  unless otherwise stated