Investing.com - Motorcar Parts reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Motorcar Parts announced earnings per share of $-0.34 on revenue of $172.54M. Analysts polled by Investing.com EPS of $0.47 on revenue of $175.5M.
Motorcar Parts 's are down 0.45% and is trading at $18.37 , still down 10.50% from its 52 week high of $20.52 set on Tuesday, November 16, 2021.
Motorcar Parts shares lost 7.41% to trade at $18.37 in intra-day trade the report.
Motorcar Parts follows other major Consumer Discretionary sector earnings this month
Motorcar Parts's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1.03 on revenue of $22.5B.
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