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

Standard Motor Products

04/08/2021 15:10

* Standard Motor Products Inc  SMP.N  reported quarterly
adjusted earnings of $1.26​​ per share for the quarter ended in
June. The mean expectation of three analysts for the quarter was
for earnings of 66 cents per share.
* Revenue rose 38% to $342.08 million from a year ago;  analysts
expected $270.70 million. 
* Standard Motor Products Inc's reported EPS for the quarter was
$1.20​.
* The mean earnings estimate of analysts had risen by
about 34.4% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Standard Motor Products Inc shares had fallen by 1.8% this
quarter and gained 5.2% so far this year.
* The company reported quarterly net income of $27.14 million.
* Wall Street's median 12-month price target for Standard Motor
Products Inc is $55.00 
* 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 August 4 at 02:10 p.m.  ​All
figures in US dollars unless otherwise stated