Standard Motor Products Q1 sales, adjusted EPS beat estimates

Standard Motor Products

30/04/2026 13:38

Overview

U.S. auto parts maker's Q1 sales rose 9.1%, beating analyst expectations

Adjusted Q1 EPS of $0.82 beat consensus

Company reaffirmed full-year sales growth and EBITDA margin guidance

Outlook

Company reaffirms 2026 sales growth guidance of low to mid-single digits

Company expects 2026 adjusted EBITDA margin of 11% to 12%

2026 guidance excludes impact of tariff changes and significant inflation from Middle East conflict

Result Drivers

VEHICLE CONTROL DEMAND - Sales in Vehicle Control rose 11.2%, driven by customer pipeline orders and assortment expansions to capture share in the do-it-for-me market, per CEO Eric Sills

NISSENS CURRENCY IMPACT - Nissens sales grew 12.4%, mainly due to stronger currency conversion, with local currency sales up 2.7% against a tough comparison

ENGINEERED SOLUTIONS RECOVERY - Engineered Solutions segment sales rose 12.6% as demand recovered in commercial vehicle and power sports end-markets

Company press release: ID:nPnb0FWKva

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$451.17 mln
$429.07 mln (3 Analysts)
Q1 Adjusted EPS
Beat
$0.82
$0.76 (3 Analysts)
Q1 Net Income
$17.29 mln
Q1 Gross Profit
$139.17 mln
Q1 Operating Income
$34.09 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 $47.00, about 27.4% above its April 29 closing price of $36.90

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)