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Stock impact report

Standard Motor Products (SMP) Up 1.8% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

Standard Motor Products, Inc. (SMP) 
Last standard motor products, inc. earnings: 4/29 08:30 am Check Earnings Report
US:NYSE Investor Relations: smpcorp.com/en
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Standard Motor Products due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Standard Motor posted third-quarter 2024 adjusted earnings per share (EPS) of $1.28, which rose from $1.11 reported in the prior-year quarter and beat the Zacks Consensus Estimate of $1.09. 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. In the reported quarter, revenues from the Vehicle Control segment totaled $200.9 million, which rose 5.2% year over year and beat our es Show less Read more
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