Standard Motor Products Inc expected to post earnings of 56cents a share - Earnings Preview

Standard Motor Products

17/02/2023 14:07

* Standard Motor Products Inc  SMP.N   SMP  is expected
to show a
rise in quarterly revenue when it reports  results on February
20 (estimated). 
    * The Long Island City New York-based  company is expected
to
report  a 3.1% increase in revenue to $319.506 million from
$309.88 million a year ago, according to the mean estimate from
2 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Standard Motor
Products
Inc is for earnings of 56 cents 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 $49​, above​ its last closing price of $40.74.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.97        0.97       1.05      Beat    8.7
 Jun. 30 2022  1.18        1.18       0.93      Missed  -21.5
 Mar. 31 2022  0.67        0.71       0.92      Beat    29.3​
 Dec. 31 2021  0.67        0.67       0.90      Beat    35
 ​​Sep.        1.13        1.10       1.32      Beat    20.1
 30 2021                                                
 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
 This summary was machine generated February 17 at 14:07 GMT. 
All figures in US dollars  unless otherwise stated