Motorcar Parts of America's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Motorcar Parts of America (NASDAQ:MPAA) is set to release its latest quarterly earnings report on August 9, 2023. Analysts estimate an EPS of $0.13. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. The company's shares are currently trading at $9.16 and have seen a 37.7% decrease over the last 52-week period.
August 08, 2023 | 5:01 pm
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Motorcar Parts of America is expected to report an EPS of $0.13 in its upcoming earnings report. The company has a history of missing EPS estimates, which has typically led to share price drops. Over the past year, the company's shares have decreased by 37.7%.
Motorcar Parts of America has a history of missing EPS estimates, which has typically resulted in a drop in share price. Given this trend and the fact that the company's shares have decreased by 37.7% over the past year, it is likely that the upcoming earnings report could have a negative impact on the company's share price.
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