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Standard Motor Products (SMP) Reports Q1 Earnings: What Key Metrics Have to Say
SMPSMP(US:SMP) ZACKSยท2025-04-30 15:00

Core Insights - Standard Motor Products (SMP) reported a revenue of $413.38 million for the quarter ended March 2025, reflecting a year-over-year increase of 24.7% and exceeding the Zacks Consensus Estimate of $394.22 million by 4.86% [1] - The company's earnings per share (EPS) for the quarter was $0.81, significantly higher than the $0.45 reported in the same quarter last year, and surpassing the consensus EPS estimate of $0.44 by 84.09% [1] Revenue Breakdown - Vehicle Control segment generated revenues of $192.34 million, slightly below the average estimate of $192.67 million, marking a year-over-year increase of 3.7% [4] - Temperature Control segment reported revenues of $88.88 million, exceeding the average estimate of $72.52 million, with a year-over-year growth of 24.1% [4] - Engineered Solutions segment achieved revenues of $65.97 million, falling short of the estimated $77.01 million, representing a decline of 11.2% compared to the previous year [4] Stock Performance - Over the past month, shares of Standard Motor Products have returned -1.6%, compared to a -0.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance against the broader market in the near term [3]