Earnings Outlook For Motorcar Parts of America

Motorcar Parts of America MPAA is set to give its latest quarterly earnings report on Wednesday, 2022-02-09. Here's what investors need to know before the announcement.

Analysts estimate that Motorcar Parts of America will likely report an Earnings Per Share (EPS) of $0.31.

Motorcar Parts of America bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.23, which was followed by a 1.25% drop in the share price the next day.

Here's a look at Motorcar Parts of America's past performance and the resulting price change:

Stock Performance

Shares of Motorcar Parts of America were trading at $15.62 as of February 07. Over the last 52-week period, shares are down 28.51%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here