SMP Stock Recent News

Creates a global leader for aftermarket parts supply with a comprehensive product offering across vehicle control and thermal control products Expands SMP's portfolio of powertrain-neutral product categories Purchase price of $388 million represents approximately 7.5x EBITDA multiple inclusive of estimated run-rate cost synergies Will be immediately and meaningfully accretive in the first full year of the transaction $8-12M in estimated run-rate cost synergies within 24 months, with additional opportunity for meaningful revenue synergies NEW YORK , July 10, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced it has reached a definitive agreement to acquire AX V Nissens III APS ("Nissens"), a leading European manufacturer and distributor of aftermarket engine cooling and air conditioning products with a growing array of vehicle control technologies, for approximately $388 million (€360 million) in cash fr

Standard Motor Products (SMP) reported earnings 30 days ago. What's next for the stock?

NEW YORK , May 15, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) is pleased to announce its 2023 Corporate Sustainability Report that highlights SMP's commitment to being a good corporate citizen with a focus on increasing its sustainability profile. The report provides insight into SMP's initiatives, future goals, and achievements in relation to its business, employees, communities, and other stakeholders.

Standard Motor (SMP) reports better-than-expected first-quarter 2024 results. However, the bottom line declines year over year.

Standard Motor Products, Inc. (NYSE:SMP ) Q1 2024 Results Conference Call May 3, 2024 11:00 AM ET Company Participants Tony Cristello - Vice President, Investor Relations Larry Sills - Chairman Emeritus Eric Sills - President & Chief Executive Officer Jim Burke - Chief Operating Officer Nathan Iles - Chief Financial Officer Conference Call Participants Tony Cristello - Vice President, Investor Relations Larry Sills - Chairman Emeritus Eric Sills - President & Chief Executive Officer Jim Burke - Chief Operating Officer Nathan Iles - Chief Financial Officer Operator [Call Starts Abruptly] Also, today's call is being recorded, and I will be standing by if anyone should need any assist. Now at this time I will turn things over to Mr.

Although the revenue and EPS for Standard Motor Products (SMP) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Standard Motor Products (SMP) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.61 per share a year ago.

NEW YORK , April 29, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, is scheduled to report its earnings for the three months ended March 31, 2024, on Wednesday, May 1, 2024, before the market opening of the stock market. Conference Call Standard Motor Products, Inc. will hold a conference call at 11:00 AM, Eastern Time, on Wednesday, May 1, 2024.

Standard Motor (SMP) reports lower-than-expected fourth-quarter 2023 results and expects sales growth for full-year 2024 to be flat to low single-digit.

Standard Motor Products (SMP) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.69 per share a year ago.