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

Motorcar Parts of America

13/06/2023 14:08

* Motorcar Parts of America Inc  MPAA.OQ  reported a
quarterly
adjusted loss of 5 cents​​ per share for the quarter ended in
March. The lone analyst forecast for the quarter was
for earnings of 42 cents per share.
    * Revenue rose 18.8% to $194.73 million from a year ago;
analysts
expected $187.70 million. 
    * Motorcar Parts of America Inc's reported EPS for the
quarter was
7 cents​.
    * The mean earnings estimate of analysts was unchanged 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 fallen by 29.2%
this
quarter and lost 55.6% so far this year.
    * The company reported quarterly net income of $1.46
million.
    * Wall Street's median 12-month price target for Motorcar
Parts of
America Inc is $16.00 
    * 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 June
13 at 01:07 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.31           0.35           Beat