Standard Motor Products Inc expected to post earnings of 44 cents a share - Earnings Preview

Standard Motor Products

21/02/2025 13:43

* Standard Motor Products Inc  SMP.N   SMP  is expected
to show a
rise in quarterly revenue when it reports  results on February
24 (estimated) for the period ending December 31 2024
    * The Long Island City New York-based  company is expected
to
report a 3.5% increase in revenue to $300.895 million from
$290.76 million a year ago, according to the mean estimate from
2 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Standard Motor Products
Inc is
for earnings of 44 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "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 $40.50​, above​ its last closing price
of $31.68. ​​​

This summary was machine generated February 21 at 13:43 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)