Motorcar Parts Of America Expects Net Sales For FY25 To Be Between $746M-$766M Vs. $766.3M Estimate
Portfolio Pulse from Benzinga Newsdesk
Motorcar Parts of America expects net sales for FY25 to be between $746M-$766M, slightly below the $766.3M estimate. The company projects operating income to be between $62M-$67M, excluding certain non-cash impacts.
June 11, 2024 | 12:31 pm
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Motorcar Parts of America expects FY25 net sales to be slightly below the $766.3M estimate, with operating income projected between $62M-$67M, excluding non-cash impacts.
The projected net sales range is slightly below the market estimate, which may cause a neutral to slightly negative short-term impact on the stock price. However, the expected operating income range is relatively strong, which could offset some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100