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Stock impact report

Standard Motor Products First Quarter 2024 Earnings: EPS: US$0.45 (vs US$0.59 in 1Q 2023) [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
Net income: US$9.86m (down 22% from 1Q 2023). Profit margin: 3.0% (down from 3.9% in 1Q 2023). The decrease in margin was driven by higher expenses. EPS: US$0.45 (down from US$0.59 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Standard Motor Products Earnings Insights Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Auto Components industry in the US. Performance of the American Auto Components industry. The company's share price is broadly unchanged from a week ago. Risk Analysis Be aware that Standard Motor Products is showing 1 warning sign in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on histor Show less Read more
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