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

Reuters
11 Feb
<a href="https://laohu8.com/S/MPAA">Motorcar Parts of America</a> 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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10