Motorcar Parts of America Q4 EPS $0.07 Vs. $(0.02) Prior Year, Sales $194.73M Beat $187.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Motorcar Parts of America (NASDAQ:MPAA) reported Q4 earnings of $0.07 per share, up from $(0.02) last year, and sales of $194.73M, beating estimates by 3.74% and increasing 18.80% YoY.
June 13, 2023 | 12:03 pm
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Motorcar Parts of America reported better-than-expected Q4 earnings and sales, with an 18.80% YoY increase in sales.
Motorcar Parts of America reported Q4 earnings of $0.07 per share, up from $(0.02) last year, and sales of $194.73M, beating estimates by 3.74% and increasing 18.80% YoY. This positive financial performance is likely to have a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100