Standard Motor Products (SMP) Beats Q4 Earnings and Revenue Estimates

Core Viewpoint - Standard Motor Products (SMP) reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of$0.37 per share, and showing an increase from $0.37 per share a year ago, indicating a strong performance in the auto parts sector [1][2]. Financial Performance - The company achieved revenues of$343.35 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 16.96% and up from $290.76 million in the same quarter last year [2]. - Over the last four quarters, SMP has consistently exceeded consensus EPS estimates, achieving this four times [2]. Stock Performance and Outlook - SMP shares have declined approximately 2.2$0.54, with expected revenues of $336.96 million, and for the current fiscal year, the estimate is$3.43 on $1.45 billion in revenues [7]. - The estimate revisions trend for SMP is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]. Industry Context - The Automotive - Replacement Parts industry, to which SMP belongs, is currently ranked in the top 25% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8].