Recap: Motorcar Parts of America Q4 Earnings

Shares of Motorcar Parts of America MPAA were unchanged after the company reported Q4 results.

Quarterly Results

Earnings per share rose 493.33% year over year to $0.59, which beat the estimate of $0.55.

Revenue of $150,735,000 higher by 13.63% year over year, which missed the estimate of $151,350,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Motorcar Parts of America hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jun 15, 2020

Time: 01:00 PM

ET Webcast URL: https://event.on24.com/wcc/r/2390168/1EB375A5E669EE5E06944BB5E99B1C88

Recent Stock Performance

Company's 52-week high was at $24.60

Company's 52-week low was at $10.43

Price action over last quarter: down 11.23%

Company Description

Motorcar Parts of America Inc is a US-based manufacturer, remanufacturer, and distributor of aftermarket automotive and light truck applications. It manufactures and distributes heavy-duty truck and industrial and agricultural application parts. It produces starter engines, alternators, hub assemblies, bearings, and master cylinders. The company supplies its products to the automotive aftermarket either under its own brands, as part of a private-label service, or to warranty replacement programs of automobile manufacturers. It primarily sells rotating electrical products, wheel hub products, brake master cylinders products in the US, of which a majority of the revenue is derived from the sales of rotating electrical products.