Motorcar Parts of America Inc expected to post earnings of 23 cents a share - Earnings Preview

Motorcar Parts of America

06/08/2021 15:21

* Motorcar Parts of America Inc  MPAA.OQ   MPAA.O  is expected
to show a rise in quarterly revenue when it reports results on
August 9 (estimated). 
* The Torrance, California-based company is expected to report 
 a 26.3% increase in revenue to $120.4 million from $95.36
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Motorcar Parts of
America Inc is for earnings of 23 cents per share. For the same
quarter last year, the company reported earnings of 4 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Motorcar Parts
of America Inc is $29.5​, about 27.5% above​ its last closing
price of $21.39. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.68        0.64       0.74      Beat    15.6
 Dec. 31 2020  0.49        0.49       0.34      Missed  -31
 Sep. 30 2020  0.48        0.46       0.74      Beat    60.9​
 Jun. 30 2020  -0.08       -0.08      0.04      Beat    147.1
 Mar.          0.54​       0.56       0.59      Beat    6.3​
 31​ 2020​                                              
 Dec. 31 2019  0.44        0.43       0.28      Missed  -35.3​
 Sep. 30 2019  0.41        0.42       0.68      Beat    63.9
 Jun. 30 2019  0.10        0.10       0.09      Missed  -6.9
 This summary was machine generated August 6 at 14:21 GMT.  All
figures in US dollars unless otherwise stated