Standard Motor Products Inc expected to post earnings of 67  cents a share - Earnings Preview

Standard Motor Products

18/02/2022 16:33

* Standard Motor Products Inc  SMP.N   SMP  is expected
to show a
rise in quarterly revenue when it reports  results on February
21 (estimated). 
    * The Long Island City New York-based  company is expected
to
report  a 0.1% increase in revenue to $282.913 million from
$282.74 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 67 cents per share. For the same quarter
last year, the company reported earnings of $1.08 per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "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 $61​, about 21.9% above​ its last closing price
of $47.63. ​​​
    * 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 2021  1.13        1.10       1.32      Beat    20.1
 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.        1.05        1.01       1.59      Beat    57.4
 30 2020                                                
 Jun. 30 2020  0.21        0.20       0.52      Beat    164.9​
 Mar. 31 2020  0.48        0.47       0.43      Missed  -9.3
 Dec. 31 2019  0.55        0.55       0.59      Beat    6.4
 This summary was machine generated February 18 at 16:33 GMT. 
All figures in US dollars  unless otherwise stated