Standard Motor Products Inc reports results for the quarter ended in December - Earnings Summary

Standard Motor Products

22/02/2022 14:30

* Standard Motor Products Inc  SMP.N  reported quarterly
adjusted
earnings of 90 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 67 cents per share.
    * Revenue rose 9.6% to $309.88 million from a year ago; 
analysts
expected $282.91 million. 
    * Standard Motor Products Inc's reported EPS for the quarter
was
89 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Standard Motor Products Inc shares had fallen by 8.5% this
quarter.
    * The company reported quarterly net income of $20.02
million.
    * Wall Street's median 12-month price target for Standard
Motor
Products Inc is $61.00 
    * 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." 

This summary was machine generated February 22 at 02:30 p.m.
 ​All figures in US dollars unless otherwise stated