Motorcar Parts of America, Inc. (NASDAQ:MPAA) is reporting first quarter earnings results on Monday 10th August 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.08 per share.
For the full year, analysts predict revenues of $ 546.17 million, while looking forward to income of $ 1.49 per share.
Previous Quarter Performance
Motorcar Parts of America, Inc. unwinded loss for the fourth quarter of $ 0.43 per share, from the revenue of $ 150.74 million. The quarterly revenues developed 13.63 percent compared with the same quarter last year. Street analysts expected Motorcar Parts of America, Inc. to report income of $ 0.55 per share on revenue of $ 151.35 million for the fourth quarter. The bottom line results missed street analysts by $ 0.98 or 178.18 percent, at the same time, top line results fell short of analysts by $ 0.61 million or 0.4 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of MPAA was $ 19.01, representing a 82.26 % increase from the 52 week low of $ 10.43 and a 22.72 % decrease over the 52 week high of $ 24.60.
The company has a market capital of $ 361.54 million and is part of the Consumer Cyclical sector and Auto Parts industry.
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Conference Call
Motorcar Parts of America, Inc. will be hosting a conference call at 1:00 PM eastern time on 10th August 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.motorcarparts.com
Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts, The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake master cylinders; and other products, such as turbochargers, brake power boosters, diagnostics systems, AC and DC advanced power emulators, and custom power electronic products, as well as rotors and brake pads. It also designs and manufactures test solutions for performance, endurance, and production testing of electric motors, inverters, alternators, starters, and belt starter generators for the original equipment, aerospace, and aftermarket.
