Motorcar Parts of America Q2 GAAP EPS $(0.10) Vs $(0.34) Last Year, Sales $196.64M Beat $186.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
Motorcar Parts of America reported its Q2 earnings with a GAAP EPS of $(0.10), an improvement from $(0.34) last year. The company's sales of $196.64M also beat the estimate of $186.30M.
November 09, 2023 | 1:02 pm
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Motorcar Parts of America's Q2 earnings show an improved GAAP EPS and sales that beat estimates, which could positively impact the stock.
Motorcar Parts of America reported improved earnings and sales that beat estimates. This is generally seen as positive news by investors and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100