Motorcar Parts Of America Reports Mixed Q4 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Motorcar Parts of America (NASDAQ:MPAA) reported quarterly earnings of 63 cents per share, which beat the analyst consensus estimate of 53 cents. This is a 12.5% increase over earnings of 56 cents per share from the same period last year.

The company reported quarterly sales of $129.1 million, which missed the analyst consensus estimate of $131.53 million. This is a 4.26% increase over sales of $123.829 million the same period last year.

Motorcar Parts of America's stock closed Thursday at $18.47 per share. The stock's 52-week high is $27.19 and its 52-week low is $12.09.

Related Links:

5 Stocks To Watch For June 28, 2019

Constellation Brands Trades Higher On Q1 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsNews