CORRECTION: Motorcar Parts of America Q1 Adj. EPS $(0.34) Misses $0.20 Estimate, Sales $168.021M Miss $183.000M Estimate
Motorcar Parts of America (NASDAQ:MPAA) reported quarterly losses of $(0.34) per share which missed the analyst consensus estimate of $0.20 by 261.9 percent. This is a 326.67 percent decrease over earnings of $0.15 per
Motorcar Parts made less money than experts thought it would, and they also sold less stuff than expected. When a company misses on both earnings (money left over) and sales (total money coming in), it hints the business is struggling more than people realized.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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