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The heavy selling pressure might have exhausted for Standard Motor Products (SMP) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Standard Motor Products, Inc. (NYSE:SMP ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Tony Cristello - VP, IR Eric Sills - Chairman and CEO Nathan Iles - CFO Jim Burke - COO Conference Call Participants Bret Jordan - Jefferies Scott Stember - ROTH MKM Carolina Jolly - Gabelli Robert Smith - Center for Performance Investing Operator Good day, everyone, and welcome to the Standard Motor Products Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
SMP posts better-than-expected Q4 results and expects 2025 sales growth to be in the mid-teens.
Although the revenue and EPS for Standard Motor Products (SMP) give a sense of how its business performed in the quarter ended December 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 $0.47 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.37 per share a year ago.
Fourth quarter net sales of $343 million up 18.1%, and up 5.8% excluding Nissens Acquisition of Nissens closed in November, contributed $35.7 million of sales in the quarter Net sales for the full year of $1.46 billion, up 7.8%, and up 5.1% excluding Nissens Full year adjusted EBITDA of 9.6% Adjusted diluted earnings per share of $0.47 in the quarter and $3.17 for the full year, up 27.0% and 8.6% respectively NEW YORK , Feb. 27, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three and twelve months ended December 31, 2024. Net sales for the fourth quarter of 2024 were $343.4 million, compared to consolidated net sales of $290.8 million during the same quarter in 2023.
NEW YORK , Feb. 25, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, is scheduled to report its earnings for the three months and twelve months ended December 31, 2024, before the market opens on February 27, 2025. Conference Call Standard Motor Products, Inc. will hold a conference call at 11:00 AM, Eastern Time, on Thursday, February 27, 2025.
NEW YORK , Feb. 18, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP) is pleased to announce the launch of its all-new corporate website. The website, which includes resources for investors, has been completely redesigned in partnership with Scandia, a leading digital and web development agency.
Total spending would be $27.5 billion this year on Valentine's Day, per NRF. The amount is up from last year's $25.8 billion.