Standard Motor Q3 Earnings Beat Expectations, Increase Y/Y [Yahoo! Finance]
Standard Motor Products, Inc. (SMP)
Last standard motor products, inc. earnings: 4/29 08:30 am
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smpcorp.com/en
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Source: Yahoo! Finance
Total revenues rose to $399.3 million from $386.4 million reported in the third quarter of 2023. The reported figure also beat the Zacks Consensus Estimate of $396 million. Gross profit rose to $121.4 million from the year-ago quarter's $114.8 million. Operating income rose to $37.1 million from $34.8 million reported in the year-ago quarter. Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar. Standard Motor Products, Inc. price-consensus-eps-surprise-chart | Standard Motor Products, Inc. Quote In the reported quarter, revenues from the Vehicle Control segment totaled $200.9 million, which rose 5.2% year over year and beat our estimate of $193.4 million due to strong demand. Operating income was $16.1 million, down from the prior-year quarter's $19.4 million. Revenues from the Engineered Solutions segment totaled $72.4 million, up 1% year over year due to new business wins. The metric, however, lagged our estimate of $74.2 million. Operating income was $
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SMP
Earnings
- 10/30/24 - Beat
SMP
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- SMP's page on the SEC website