Motorcar Parts of America 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)