Conference Call SOURCE Standard Motor Products, Inc. NEW YORK, July 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 and six months ended June 30, 2024, on Thursday, August 1, 2024, before the opening of the stock market. Standard Motor Products, Inc. will hold a conference call at 11:00 AM, Eastern Time, on Thursday, August 1, 2024. This call will be webcast and can be access ...

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Standard Motor Products (SMP) is a stock many investors are watching right now. SMP is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 9.77. This c ...

Per Eric Sills, chairman and CEO of Standard Motor, the acquisition will expand SMP's range of powertrainneutral products. The company intends to keep Nissens functioning as an independent unit while utilizing the combined strengths of both companies to achieve cost savings and increase revenues. The transaction values Nissens at about 7.5x adjusted EBITDA, considering estimated cost synergies of $10 million. The acquisition is expected to boost SMP's GAAP EPS in the first full year and should be completed ...

Standard Motor Products, Inc. will host a conference call at 11:00 AM, Eastern Time, on Wednesday, July 10, 2024 to discuss the acquisition of Nissens Automotive. This call will be webcast and can be accessed on the Investor Relations page of our website at www.smpcorp.com and clicking on the SMP Investor Call Webcast link. Investors may also listen to the call by dialing 800-225-9448 (domestic) or 203-518-9708 (international). Our playback will be made available for dial in immediately following the call. ...

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 from Nordic private equity firm Axcel and the Nissen family. Ni ...

NEW YORK, June 20, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, has been recognized as one of U.S. News and World Report's Best Companies to Work For and was named one of the Best Companies to Work For in the Northeast. Highlighting this honor, SMP was one of only eight companies to receive the Best Companies to Work For in Auto and Parts distinction. The complete list recognizes companies that are at the very top of their respectiv ...

NEW YORK, June 5, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, has been recognized in USA Today's List of America's Climate Leaders for the second year in a row. This list recognizes companies that have reduced greenhouse gas emissions and cut their carbon footprint over the past several years. In order to make the list, companies must have demonstrated significant improvements in reducing their carbon intensity. SMP, a leading auto ...

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 Operati ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission file number: 001-04743 Standard Motor Products, Inc. (Exact name of registrant as specified in its charter) New York 11-1362020 (State or other jurisdiction of incorporation o ...

Exhibit 99.1 Standard Motor Products, Inc. Announces First Quarter 2024 Results and Quarterly Dividend New York, NY, May 1, 2024......Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three months ended March 31, 2024. Net sales for the first quarter of 2024 were $331.4 million, compared to consolidated net sales of $328.0 million during the comparable quarter in 2023. Earnings from continuing operati ...