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) 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.
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) agrees to acquire Nissens to expand its range of powertrain-neutral products, reduce costs and increase revenues.
Standard Motor Products (SMP) reported earnings 30 days ago. What's next for the stock?