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MPAA Motorcar Parts of America News Story

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Motorcar Parts of America Inc reports results for the quarter ended December 31 - Earnings Summary

* Motorcar Parts of America Inc  MPAA.OQ  reported quarterly
adjusted earnings of 35 cents​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of -27 cents.  The lone analyst forecast
for the quarter was for earnings of 43 cents per share. 
    * Revenue rose 8.3% to $186.18 million from a year ago;
analysts
expected $179.50 million. 
    * Motorcar Parts of America Inc's reported EPS for the
quarter was
11 cents​.
    * The company reported quarterly net income of $2.29
million.
    * Motorcar Parts of America Inc shares had fallen by 24.3%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2,050%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the auto, truck &
motorcycle parts peer group is also "buy"

Wall Street's median 12-month price target for Motorcar Parts of
America Inc is $14.00 
This summary was machine generated from LSEG data February 10 at
05:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.43           0.35           Missed
 Sep. 30 2024      0.18           0.31           Beat
 Jun. 30 2024      0.07           -0.33          Missed
 Mar. 31 2024      0.16           0.12           Missed

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