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

Motorcar Parts of America

09/08/2023 17:31

* Motorcar Parts of America Inc  MPAA.OQ  reported quarterly
adjusted earnings of 4 cents​​ per share for the quarter ended
in June. The lone analyst forecast for the quarter was
for earnings of 13 cents per share.
    * Revenue fell 2.6% to $159.71 million from a year ago;
analysts
expected $172.20 million. 
    * Motorcar Parts of America Inc's reported EPS for the
quarter was
a loss of 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 40.9%
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 18.1%
this
quarter and lost 22.9% so far this year.
    * The company reported a quarterly loss of $1.41 million.
    * Wall Street's median 12-month price target for Motorcar
Parts of
America Inc is $12.00 
    * 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 LSEG Refinitiv data
August 9 at 04:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.13           0.04           Missed
 Mar. 31 2023      0.42           -0.05          Missed
 Dec. 31 2022      0.55           0.21           Missed
 Sep. 30 2022      0.42           0.12           Missed