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

Motorcar Parts of America

09/02/2023 15:18

* Motorcar Parts of America Inc  MPAA.OQ  reported quarterly
adjusted earnings of 21 cents​​ per share for the quarter ended
in December. The lone analyst forecast for the quarter was
for earnings of 55 cents per share.
    * Revenue fell 6.2% to $151.82 million from a year ago;
analysts
expected $160.20 million. 
    * Motorcar Parts of America Inc's reported EPS for the
quarter was
5 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Motorcar Parts of America Inc shares had risen by 26.2%
this
quarter.
    * The company reported quarterly net income of $1.03
million.
    * Wall Street's median 12-month price target for Motorcar
Parts of
America Inc is $18.00 
    * 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." 

This summary was machine generated from Refinitiv data February
9 at 03:18 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.55           0.21           Missed
 Sep. 30 2022      0.42           0.12           Missed
 Jun. 30 2022      0.31           0.35           Beat
 Mar. 31 2022      0.47           0.25           Missed