Motorcar Parts of America Inc expected to post earnings of 47  cents a share - Earnings Preview

Motorcar Parts of America

10/06/2022 13:33

* Motorcar Parts of America Inc  MPAA.OQ   MPAA.O  is
expected
to show a fall in quarterly revenue when it reports  results on
June 14. 
    * The Torrance California-based  company is expected to
report  a
10.5% decrease in revenue to $150.5 million from $168.13 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Motorcar Parts of
America
Inc is for earnings of 47 cents per share. For the same quarter
last year, the company reported earnings of 74 cents per share.
    * The one available analyst rating on the shares is "buy".  
    * 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 $28​, above​ its last closing price of $16.27.
​​​

This summary was machine generated June 10 at 12:33 GMT.  All
figures in US dollars  unless otherwise stated