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Motorcar Parts Of America (MPAA)
NASDAQ:MPAA
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Motorcar Parts Of America (MPAA) Earnings Date & Reports

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Earnings Data

Report Date
Feb 06, 2025
TBA Not Confirmed
Period Ending
2025 (Q3)
Consensus EPS Forecast
$0.43
Last Year’s EPS
-$0.27
Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Nov 12, 2024
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% Change Since: 32.15%
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Next Earnings Date:Feb 06, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted record-breaking net sales and gross profit, strong cash flow, and meaningful new business commitments. However, the results were impacted by significant noncash and onetime expenses, leading to a net loss for the quarter. Despite these challenges, the company remains optimistic about long-term growth opportunities and operational efficiencies.
Company Guidance
During the Motorcar Parts of America Q2 2025 earnings call, the company provided optimistic guidance, highlighting record net sales of $208.2 million, a 5.9% year-over-year increase, and a record gross profit of $41.3 million. The gross margin was 19.8%, down from 20.9% the previous year, affected by $3.8 million in noncash expenses and a $1.3 million one-time transition expense. They also generated $22.9 million in cash from operating activities and reduced net bank debt by $22 million. The company expects to maintain sales momentum, with strategic cost reductions anticipated to save $7.1 million annually. EBITDA before noncash and cash expenses was $26.8 million, despite $2.7 million in onboarding expenses for new business. Positive cash flows and strong liquidity position MPAA well for continued growth and profitability in the latter half of fiscal 2025.
Record-Breaking Net Sales and Gross Profit
Net sales increased 5.9% to a record $208.2 million, and gross profit increased to a record $41.3 million for the fiscal 2025 second quarter.
Cash Flow and Debt Reduction
Generated approximately $22.9 million in cash from operating activities and reduced net bank debt by $22 million during the quarter.
New Business and Operational Efficiencies
Secured meaningful new business commitments across all product lines, with operational efficiencies realized from brake-related products, leading to consolidated margin improvement.
Positive Long-term Industry Dynamics
Favorable long-term industry dynamics with 98.8% of the U.S. car park being hybrid and internal combustion engine vehicles, supporting sustainable top and bottom-line growth.
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Motorcar Parts Of America (MPAA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

MPAA Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 06, 20252025 (Q3)
0.43 / -
-0.27
Nov 12, 20242025 (Q2)
- / 0.31
0.47-34.04% (-0.16)
Aug 08, 20242025 (Q1)
- / -0.33
0.05-760.00% (-0.38)
Jun 11, 20242024 (Q4)
0.16 / 0.06
-0.05220.00% (+0.11)
Feb 09, 20242024 (Q3)
0.08 / -0.27
0.21-228.57% (-0.48)
Nov 09, 20232024 (Q2)
0.17 / 0.47
0.12291.67% (+0.35)
Aug 09, 20232024 (Q1)
0.13 / 0.05
0.36-86.11% (-0.31)
Jun 13, 20232023 (Q4)
0.42 / -0.05
0.25-120.00% (-0.30)
Feb 09, 20232023 (Q3)
0.55 / 0.21
0.59-64.41% (-0.38)
Nov 09, 20222023 (Q2)
0.42 / 0.12
0.69-82.61% (-0.57)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MPAA Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 12, 2024$5.91$6.78+14.72%
Aug 08, 2024$6.00$5.95-0.83%
Jun 11, 2024$5.20$4.75-8.65%
Feb 09, 2024$9.58$8.60-10.23%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Motorcar Parts Of America (MPAA) report earnings?
Motorcar Parts Of America (MPAA) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
    What is Motorcar Parts Of America (MPAA) earnings time?
    Motorcar Parts Of America (MPAA) earnings time is at Feb 06, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is MPAA EPS forecast?
          MPAA EPS forecast for the fiscal quarter 2025 (Q3) is $0.43.
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            Motorcar Parts Of America (MPAA) Earnings News

            MPAA Surges after Better-than-Expected Results
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            MPAA Surges after Better-than-Expected Results
            2y ago
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