SMP(US:SMP) ZACKS·2025-11-05 16:56Core Insights - Standard Motor Products (SMP) reported third-quarter 2025 adjusted earnings per share (EPS) of $1.36, exceeding the Zacks Consensus Estimate of $1.14 and increasing from $1.28 in the same quarter last year [1][10] - Total revenues for the quarter rose to $499 million, up from $399 million in the third quarter of 2024, and also surpassed the Zacks Consensus Estimate of $485 million [2][10] - The company raised its 2025 sales growth guidance to the low-to-mid 20s percent range, compared to the previous estimate of the low-20s percent range [8][10] Financial Performance - Gross profit increased to $161.8 million from $121.4 million year-over-year, while operating income rose to $47.6 million from $37.1 million in the prior-year quarter [2] - SG&A expenses rose significantly by 39.7% to $113.4 million [6] - Net cash provided by operating activities totaled $85.7 million at the end of the third quarter of 2025 [6] Segment Performance - Vehicle Control segment revenues were $197.7 million, a decline of 1.6% year-over-year, but exceeded the estimate of $188 million; operating income fell to $15.9 million from $22.6 million [3] - Temperature Control segment revenues increased to $144.7 million from $125 million, driven by strong sales, with operating income rising to $26.8 million from $16.4 million [4] - Engineered Solutions segment revenues remained flat at $72.2 million, while operating income decreased to $4.1 million from $5.3 million [5] Dividend and Financial Position - The company declared a quarterly dividend of 31 cents per share, payable on December 1, 2025 [7] - As of September 30, 2025, Standard Motor had $87.2 million in cash, up from $44.4 million at the end of 2024, while long-term debt increased slightly to $538.6 million [6]