Standard Motor Products Inc expected to post earnings of $1.10 a share - Earnings Preview

Standard Motor Products

22/10/2021 18:46

* Standard Motor Products Inc  SMP.N   SMP  is expected to show
a fall in quarterly revenue when it reports results on October
26 (estimated). 
* The Long Island City, New York-based company is expected to
report  a 0.3% decrease in revenue to $342.642 million from
$343.61 million a year ago, according to the mean estimate from
3 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Standard Motor Products
Inc is for earnings of $1.10 per share. For the same quarter
last year, the company reported earnings of $1.59 per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Standard Motor
Products Inc is $57​, about 16.9% above​ its last closing price
of $47.39. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.65        0.66       1.26      Beat    89.6
 Mar. 31 2021  0.55        0.54       0.97      Beat    80.7
 Dec. 31 2020  0.69        0.68       1.08      Beat    57.7​
 Sep. 30 2020  1.05        1.01       1.59      Beat    57.4
 Jun.          0.21​       0.20       0.52      Beat    164.9​
 30​ 2020​                                              
 Mar. 31 2020  0.48        0.47       0.43      Missed  -9.3​
 Dec. 31 2019  0.55        0.55       0.59      Beat    6.4
 Sep. 30 2019  0.92        0.92       1.02      Beat    11.1
 This summary was machine generated October 22 at 17:46 GMT.  All
figures in US dollars unless otherwise stated