Standard Motor Products Inc expected to post earnings of 71  cents a share - Earnings Preview

Standard Motor Products

29/04/2022 19:34

* Standard Motor Products Inc  SMP.N   SMP  is expected
to show a
rise in quarterly revenue when it reports  results on May 3
(estimated). 
    * The Long Island City New York-based  company is expected
to
report  a 10.0% increase in revenue to $304.301 million from
$276.55 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 71 cents per share. For the same quarter
last year, the company reported earnings of 97 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 $58.5​, above​ its last closing price of $43.33.
​​​

This summary was machine generated April 29 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated