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

Standard Motor Products

28/10/2021 15:22

* Standard Motor Products Inc  SMP.N  reported quarterly
adjusted earnings of $1.32​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.10 per share.
* Revenue rose 7.8% to $370.31 million from a year ago; 
analysts expected $342.64 million. 
* Standard Motor Products Inc's reported EPS for the quarter was
$1.07​.
* The mean earnings estimate of analysts had fallen by
about 1.8% 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 risen by 8.6% this
quarter and gained 17.3% so far this year.
* The company reported quarterly net income of $24.05 million.
* Wall Street's median 12-month price target for Standard Motor
Products Inc is $57.00 
* 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 October 28 at 02:22 p.m.
 ​All figures in US dollars unless otherwise stated