Standard Motor Products, Inc. (NYSE:SMP) is expected to report second quarter earnings results, before market open, on Wednesday 29th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.20 per share from revenue of $ 228.74 million.
Looking ahead, the full year income are expected at $ 2.03 per share on the revenues of $ 1007.33 million.
Previous Quarter Performance
Standard Motor Products, Inc. disclosed income for the first quarter of $ 0.43 per share, from the revenue of $ 254.30 million. The quarterly earnings decreased 7.14 percent while revenues compared with the same quarter last year. The consensus estimates are $ 273.31 million in revenue The top line results fell short of analysts by $ 19.01 million or 6.96 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of SMP was $ 39.21, representing a 15.53 % increase from the 52 week low of $ 33.94 and a 29.79 % decrease over the 52 week high of $ 55.85.
The company has a market capital of $ 874.90 million and is part of the Consumer Cyclical sector and Auto Parts industry.
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Conference Call
Standard Motor Products, Inc. will be hosting a conference call at 11:00 AM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.smpcorp.com
Standard Motor Products, Inc. manufactures and distributes replacement parts for motor vehicles in the automotive aftermarket industry. The company operates in two segments, Engine Management and Temperature Control.
