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

• Motorcar Parts of America Inc MPAA.OQ reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 12 cents. The lone analyst forecast for the quarter was for earnings of 20 cents per share.

• Revenue rose 1.9% to $193.11 million from a year ago; analysts expected $190.70 million.

• Motorcar Parts of America Inc's reported EPS for the quarter was a loss of 4 cents​.

• The company reported a quarterly loss of $722 thousand.

• Motorcar Parts of America Inc shares had risen by 25.5% this quarter and gained 56.8% so far this year.

FORECAST CHANGES

• 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.

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 June 9 at 01:31 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)