NASDAQ$MPAA
Motorcar Parts of America Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Increased profitability, positive cash flow from operations, and continued debt reduction were reported.
Motorcar Parts of America reported increased profitability and positive cash flow despite $17 million in order delays due to supply chain challenges caused by the global pandemic. Net income increased significantly compared to the same period last year, and net debt was reduced.
- Net sales were $122.6 million, impacted by COVID-19 related challenges.
- Net income was $8.5 million, or $0.44 per diluted share, compared to $865,000, or $0.04 per diluted share, a year ago.
- Cash generated from operating activities was $33.2 million.
- Net debt was reduced by $27.8 million.
Headline financials
Revenue & EPS history
MPA · Revenue · Quarterly
$123M
Forward guidance
The company believes it is still not prudent to provide annual sales and gross margin guidance for fiscal 2021.
Tailwinds
- Encouraged by continued strong customer demand for aftermarket parts.
- Industry is resilient.
- Continuing to execute strategic plans for growth and profitability.
- Guardedly optimistic about near- and long-term opportunities.
- An evolving supplier to the fast-growing electric vehicle and aerospace market.
Headwinds
- Ongoing global pandemic.
- Near-term related considerations.
- Impact to sales by supply chain challenges.
- Other challenges related to COVID-19.
- Not prudent to provide annual sales and gross margin guidance for fiscal 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2021
+2.2%
Avg return
Earnings day
+2.9%
Avg return
5 days after
+2.3%
Avg return
30 days after
52%
34 / 65 earnings
Positive
+34.8%
Q4 2026
Best reaction
-26.4%
Q2 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +34.8% | +42.1% | — | |
| Q3 2026 | -17.5% | -23.6% | -20.5% | |
| Q2 2026 | -26.4% | -24.7% | -21.9% | |
| Q1 2026 | +22.6% | +21.8% | +29.9% | |
| Q4 2025 | -0.7% | +4.3% | -2.0% | |
| Q3 2025 | +10.6% | +61.7% | +86.6% | |
| Q2 2025 | +15.9% | +18.8% | +41.8% | |
| Q1 2025 | +0.3% | +2.5% | -2.7% | |
| Q4 2024 | -3.5% | +7.3% | +22.3% | |
| Q3 2024 | +3.8% | -1.5% | -11.0% | |
| Q2 2024 | +4.0% | +7.1% | +14.6% | |
| Q1 2024 | -8.2% | -6.2% | -15.4% | |
| Q4 2023 | +15.6% | +26.8% | +56.9% | |
| Q3 2023 | -10.2% | -10.4% | -32.5% | |
| Q2 2023 | -12.9% | -23.6% | -49.9% | |
| Q1 2023 | +0.4% | +9.6% | -1.9% | |
| Q4 2022 | -6.3% | -16.0% | -12.6% | |
| Q3 2022 | +1.3% | -0.7% | +3.3% | |
| Q2 2022 | -1.5% | -0.8% | -1.4% | |
| Q1 2022 | -1.5% | -2.0% | -16.0% | |
| Q4 2021 | +3.6% | -4.4% | -0.4% | |
| Q3 2021 | -16.3% | -19.8% | -7.1% | |
| Q2 2021 | +22.9% | +13.9% | +48.6% | |
| Q1 2021 | -3.3% | -1.0% | -8.4% | |
| Q4 2020 | -1.1% | -0.3% | +7.7% | |
| Q3 2020 | -15.9% | -12.5% | -25.8% | |
| Q2 2020 | +8.0% | +2.2% | +10.5% | |
| Q1 2020 | -6.0% | -5.5% | -14.6% | |
| Q4 2019 | +11.9% | +5.3% | -1.1% | |
| Q3 2019 | -2.6% | +7.5% | +1.9% | |
| Q2 2019 | +6.1% | +4.0% | +4.3% | |
| Q1 2019 | +9.7% | +12.4% | +13.8% | |
| Q4 2018 | -7.1% | -4.1% | -6.3% | |
| Q3 2018 | -12.5% | +0.3% | -11.4% | |
| Q2 2018 | -2.7% | -2.6% | -6.6% | |
| Q1 2018 | +4.9% | +5.6% | +1.4% | |
| Q4 2017 | -6.2% | -4.4% | -1.5% | |
| Q3 2017 | -0.3% | +1.4% | +2.0% | |
| Q2 2017 | +12.9% | +11.6% | +21.2% | |
| Q1 2017 | +6.3% | +4.9% | +0.2% | |
| Q4 2016 | +10.0% | +13.9% | -2.2% | |
| Q3 2016 | +2.9% | — | — | |
| Q2 2016 | +18.4% | — | — | |
| Q1 2016 | +7.8% | — | — | |
| Q4 2015 | +3.7% | — | — | |
| Q3 2015 | -0.7% | — | — | |
| Q2 2015 | +16.9% | — | — | |
| Q1 2015 | +12.4% | — | — | |
| Q4 2014 | +4.7% | — | — | |
| Q3 2014 | +15.2% | — | — | |
| Q2 2014 | +31.9% | — | — | |
| Q1 2014 | +11.1% | — | — | |
| Q4 2013 | +7.0% | — | — | |
| Q3 2013 | -16.2% | — | — | |
| Q2 2013 | +2.9% | — | — | |
| Q1 2013 | +13.5% | — | — | |
| Q4 2010 | -4.5% | — | — | |
| Q4 2012 | -4.5% | — | — | |
| Q3 2011 | -14.7% | — | — | |
| Q3 2012 | -14.7% | — | — | |
| Q2 2012 | +10.3% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q2 2011 | -0.5% | — | — | |
| Q1 2011 | -0.5% | — | — | |
| Q1 2012 | -0.5% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro