Standard Motor Products Inc expected to post earnings of 98  cents a share - Earnings Preview

Standard Motor Products

31/07/2023 18:35

* Standard Motor Products Inc  SMP.N   SMP  is expected
to show a
rise in quarterly revenue when it reports  results on August 2. 
    * The Long Island City New York-based  company is expected
to
report  a 4.2% increase in revenue to $374.451 million from
$359.41 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 98 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 $48​, above​ its last closing price of $37.53.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.57        0.57       0.61      Beat    7.1
 Dec. 31 2023  0.57        0.56       0.69      Beat    24.3
 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.        0.67        0.71       0.92      Beat    29.3
 31 2022                                                
 Dec. 31 2021  0.67        0.67       0.90      Beat    35​
 Sep. 30 2021  1.13        1.10       1.32      Beat    20.1
 Jun. 30 2021  0.65        0.66       1.26      Beat    89.6
 This summary was machine generated July 31 at 17:35 GMT.  All
figures in US dollars  unless otherwise stated