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

Standard Motor Products

05/05/2021 19:13

* Standard Motor Products Inc  SMP.N  reported quarterly
adjusted earnings of 97 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 54 cents per share.
* Revenue rose 8.7% to $276.55 million from a year ago​; 
analysts expected $257.57 million.
* Standard Motor Products Inc's reported EPS for the quarter was
92 cents​.
* The mean earnings estimate of analysts had fallen by
about 13.5% 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 risen by 6.2% this
quarter and gained 9.1% so far this year.
* The company reported quarterly net income of $21 million.
* Wall Street's median 12-month price target for Standard Motor
Products Inc is $48.00 
* 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." 
This summary was machine generated May 5 at 06:13 p.m. GMT. ​All
figures in US Dollars.​