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Standard Motor Products (SMP) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-08-05 14:41
Core Insights - Standard Motor Products (SMP) reported quarterly earnings of $1.29 per share, exceeding the Zacks Consensus Estimate of $0.97 per share, and up from $0.98 per share a year ago, representing an earnings surprise of +32.99% [1] - The company achieved revenues of $493.85 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 9.75% and increasing from $389.83 million year-over-year [2] Financial Performance - Over the last four quarters, SMP has consistently surpassed consensus EPS estimates, achieving this four times [2] - The company has also topped consensus revenue estimates four times in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $1.35, with expected revenues of $480.23 million, and for the current fiscal year, the estimate is $3.58 on $1.72 billion in revenues [7] Market Position - SMP shares have increased approximately 1.9% since the beginning of the year, while the S&P 500 has gained 7.6% [3] - The Zacks Rank for SMP is currently 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Industry Outlook - The Automotive - Replacement Parts industry, to which SMP belongs, is currently ranked in the bottom 16% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact SMP's stock performance [5]