Standard Motor Products, Inc. (SMP)
Should Value Investors Buy Standard Motor Products (SMP) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Standard Motor Products, Inc. (SMP) Q3 2024 Earnings Call Transcript
Standard Motor Products, Inc. (NYSE:SMP ) Q3 2024 Results Conference Call October 30, 2024 11:00 AM ET Company Participants Tony Cristello - Vice President-Investor Relations Eric Sills - Chairman and Chief Executive Officer Nathan Iles - Chief Financial Officer Conference Call Participants Scott Stember - ROTH MKM Carolina Jolly - Gabelli Operator Good day, everyone, and welcome to the Standard Motor Products' Third Quarter 2024 Earnings Call. [Operator Instructions] Please note today's call will be recorded [Operator Instructions].
Standard Motor Products (SMP) Beats Q3 Earnings and Revenue Estimates
Standard Motor Products (SMP) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $1.11 per share a year ago.
Standard Motor Products: Still Appealing On Valuation
Standard Motor Products, a producer and distributor of automotive parts, has seen its stock rise nicely since my last 'buy' rating in June. The company's Q2 revenue increased by 10.4%, driven by a 28.2% surge in its Temperature Control segment due to early summer orders. Despite revenue growth, net income slightly dropped, and other profitability metrics were mixed, but the company remains attractively priced on key multiples.
Standard Motor Stock Down 20% YTD: What Should Investors Do?
SMP's balance sheet and acquisition strength, coupled with sustainable demand for automotive parts, make the stock worth retaining.
Standard Motor Products, Inc. (SMP) Q2 2024 Earnings Call Transcript
Standard Motor Products, Inc. (NYSE:SMP ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Tony Cristello – Vice President-Investor Relations Eric Sills – Chairman and Chief Executive Officer Nathan Iles – Chief Financial Officer Conference Call Participants Scott Stember – ROTH MKM Bret Jordan – Jefferies Carolina Jolly – Gabelli Operator Good day, everyone, and welcome to the Standard Motor Products Second Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode.
Standard Motor (SMP) Q2 Earnings Beat Estimates, Rise Y/Y
Standard Motor (SMP) reports better-than-expected second-quarter results and expects sales growth to be low- to mid-single digit compared with the previous forecast of flat to low-single digit.
Compared to Estimates, Standard Motor Products (SMP) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Standard Motor Products (SMP) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Standard Motor Products (SMP) Q2 Earnings and Revenues Beat Estimates
Standard Motor Products (SMP) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.84 per share a year ago.
Should Value Investors Buy Standard Motor Products (SMP) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Standard Motor (SMP) to Expand Portfolio With Nissens Buyout
Standard Motor (SMP) agrees to acquire Nissens to expand its range of powertrain-neutral products, reduce costs and increase revenues.
Why Is Standard Motor Products (SMP) Down 6.4% Since Last Earnings Report?
Standard Motor Products (SMP) reported earnings 30 days ago. What's next for the stock?
