MPAA Stock Recent News
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Motorcar Parts (MPAA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Motorcar Parts (MPAA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Motorcar Parts (MPAA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Motorcar Parts of America Inc (NASDAQ:MPAA) shares surged 17% on Tuesday after the company reported record sales for its fiscal 2023 fourth quarter and full year due to demand for its spares as consumers put off buying new cars. The manufacturer and distributor of automotive aftermarket parts attributed the growth to solid demand for parts including its rotating electrical and emerging brake-related products.
Motorcar Parts of America, Inc. (NASDAQ:MPAA ) Q4 2023 Earnings Call Transcript June 13, 2023 1:00 PM ET Company Participants Gary Maier - Vice President of Corporate Communications and Investor Relations Selwyn Joffe - Chairman, President and Chief Executive Officer David Lee - Chief Financial Officer Conference Call Participants William Dezellem - Tieton Capital Jeff Bronchick - CSC Operator Good morning, and welcome to the Motorcar Parts of America Fiscal 2023 Fourth Quarter and Year-End Conference Call. All participants are in a listen only mode.
Motorcar Parts (MPAA) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.42. This compares to earnings of $0.25 per share a year ago.
LOS ANGELES--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced the company will issue its fiscal 2023 fourth quarter and year-end results on Tuesday, June 13, 2023. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through.
Motorcar Parts of America, Inc. (NASDAQ:MPAA ) Q3 2023 Earnings Conference Call February 9, 2023 1:00 PM ET Company Participants Gary Maier - Vice President of Corporate Communications and Investor Relations Selwyn Joffe - Chairman, President and Chief Executive Officer David Lee - Chief Financial Officer Conference Call Participants Matthew Koranda - ROTH Capital Partners Brian Nagel - Oppenheimer & Co. William Dezellem - Tieton Capital Management, LLC Operator Good day. My name is Rob, and I will be your conference operator today.
Motorcar Parts of America braces itself for tailwinds in the auto and parts industry. The industry is currently driving the expansion of the US economy. Before market open on Thursday, February 9, the U.S. auto parts maker released financial results for the third quarter of fiscal 2023, which ended December 30, 2022.