Standard Motor Products Inc reports results for the quarter ended September 30 - Earnings Summary

Standard Motor Products

27/02/2025 15:25

Standard Motor Products Inc SMP.N reported quarterly adjusted earnings of $1.28​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.11.  The lone analyst forecast for the quarter was for earnings of $1.11 per share. Wall Street expected results

Revenue rose 3.3% to $343.40 million from a year ago; analysts expected $395.69 million.

The company reported quarterly net income of $3.81 million.

Standard Motor Products Inc shares had fallen by 2.2% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 200% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the auto, truck & motorcycle parts peer group is  "buy."

Wall Street's median 12-month price target for Standard Motor Products Inc is $40.50

This summary was machine generated from LSEG data February 27 at 03:24 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Sep. 30 2024
0.44
0.47
Beat
Sep. 30 2024
0.78
1.28
Beat
Mar. 31 2024
0.37
0.98
Beat
Mar. 31 2024
0.37
0.45
Beat