Motorcar Parts of America: Q4 Earnings Insights

Motorcar Parts of America (NASDAQ:MPAA) reported its Q4 earnings results on Tuesday, June 13, 2023 at 08:00 AM.…

Motorcar Parts of America (NASDAQ:MPAA) reported its Q4 earnings results on Tuesday, June 13, 2023 at 08:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Motorcar Parts of America missed estimated earnings by 83.33%, reporting an EPS of $0.07 versus an estimate of $0.42.

Revenue was up $30.81 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.34 which was followed by a 1.97% drop in the share price the next day.

Here’s a look at Motorcar Parts of America’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.55 0.42 0.31 0.47
EPS Actual 0.21 0.12 0.36 0.25
Revenue Estimate 160.20M 175.50M 155.00M 150.50M
Revenue Actual 151.82M 172.54M 163.99M 163.92M

To track all earnings releases for Motorcar Parts of America visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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