These two U.S. companies are scheduled to report their fourth quarter earnings for 2014 today. Below is a preview of their key earning metrics, based on consensus estimates of analysts polled by Bloomberg. We have also provided analysts’ consensus buy ratings for these stocks with upside potential for the upcoming 12-months.
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Motorcar Parts Of America (NASDAQ: MPAA) manufactures replacement alternators and starters for imported and domestic cars and light trucks in the U.S and Canada. The company also assembles and distributes ignition wire sets for imported and domestic cars and light trucks. Motorcar Parts has facilities in the U.S, Singapore, and Malaysia. MPAA is scheduled to release its fourth quarter earnings for 2014 today (June 16, 2014).
As per analysts’ consensus estimates polled by Bloomberg, first quarter net sales for MPAA are expected to decline 44% to $69.7 million from $89.3 million in the same quarter last year, while the full year 2014 sales are seen declining 38% Y-o-Y. However, the company is estimated to register net profit of $5.9 million or 38 cents per share during the quarter from the losses of $73.6 million or 5.09 per share registered in the year ago quarter. For the full year, profits are seen at $65.2 million from the loss of 73.6 million in the last year.
Total Analyst Coverage
4
Buy Ratings
75%
Upside Potential
21.7%
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Amira Nature Foods Ltd (NASDAQ: ANFI)) is a global provider of packaged Indian specialty rice. The company also recently launched new lines of branded products, such as ready-to-eat snacks, to complement its packaged rice offerings and also sells bulk commodities to large international and regional trading firms. ANFI will release its fourth quarter earnings for 2014 today (June 16, 2014).
As per analysts’ consensus estimates polled by Bloomberg, fourth quarter revenues for ANFI are estimated at $162.0 million, up 16% over the same quarter last year. Net profits are expected to grow 25% to 10.6 million or 32 cents per share from the prior year quarter.
Total Analyst Coverage
4
Hold Ratings
50%
Upside Potential
49.5%
