The auto parts supplier reported a GAAP loss per share of $0.71 and revenue of $168M, both below analyst expectations.
Motorcar Parts of America posted a first-quarter GAAP loss per share of $0.71, missing estimates by $0.92. Revenue declined 10.8% year-over-year to $168M, falling short of projections by $15M.
Analysts had anticipated stronger results, with consensus estimates closer to breakeven for earnings and higher revenue. The company’s guidance for fiscal 2027 projects net sales of $780M-$800M and operating income of $86M-$91M, aligning with consensus for EPS at $1.74.
Shares may face pressure as investors assess the weaker-than-expected performance and outlook.