Motorcar Parts of America Inc expected to post earnings of 7 cents a share - Earnings Preview

Motorcar Parts of America

05/08/2024 17:49

* Motorcar Parts of America Inc  MPAA.OQ   MPAA.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 8 for the period ending June 30 2024
    * The Torrance California-based  company is expected to
report a
8.0% increase in revenue to $172.5 million from $159.71 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Motorcar Parts of
America Inc
is for earnings of 7 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * 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 $14.00​, above​ its last closing price of $5.99.
​​​

This summary was machine generated August 5 at 16:49 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)