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 anticipated EPS of $0.47 on revenue of $175.5M.
Motorcar Parts shares are down 0.45% from the beginning of the year and are trading at $18.37 , down-from-52-week-high.
Motorcar Parts shares lost 7.41% 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 October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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