Standard Motor Products Inc expected to post earnings of 66 cents a share - Earnings Preview

Standard Motor Products

28/07/2021 03:43

* Standard Motor Products Inc  SMP.N   SMP  is expected to show
a rise in quarterly revenue when it reports results on July 27
(estimated). 
* The Long Island City, New York-based company is expected to
report   a 9.2% increase in revenue to $270.697 million from
$247.94 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 66 cents per share. For the same quarter
last year, the company reported earnings of 52 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $55​, about 24.2% above​ its last closing price
of $41.71. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.21        0.20       0.52      Beat    164.9
 Mar.          0.48​       0.47       0.43      Missed  -9.3​
 31​ 2020​                                              
 Dec. 31 2019  0.55        0.55       0.59      Beat    6.4​
 Sep. 30 2019  0.92        0.92       1.02      Beat    11.1
 Jun. 30 2019  0.83        0.81       0.92      Beat    13.1
 This summary was machine generated July 28 at 02:42 GMT.  All
figures in US dollars unless otherwise stated