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Standard Motor Products (SMP)
:SMP
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.44Last Year’s EPS
0.45Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -17.78%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong growth in key segments such as Vehicle Control and Temperature Control, along with the successful acquisition of Nissens Automotive. However, challenges remain in the Engineered Solutions segment and increased debt levels following the acquisition. The company is also facing potential risks from tariff uncertainties, but remains optimistic about passing costs through and maintaining growth.Company Guidance
During the Standard Motor Products Fourth Quarter 2024 Earnings Call, guidance was provided for the fiscal year 2025. The company expects mid-teen percentage growth in sales, primarily driven by the recent acquisition of Nissens Automotive, which alone is projected to add approximately $260 million in annual sales with mid-teen EBITDA margins. The outlook for adjusted EBITDA is set at 10% to 11% for the full year. The company anticipates that interest expense on outstanding debt will be around $32 million, with an income tax rate of 27%. Additionally, depreciation and amortization are forecasted to increase to between $40 million and $45 million due to the amortization of Nissens' intangibles and investments in a new distribution center. Despite the uncertainties related to potential tariff actions, the company plans to offset any impacts by passing through costs at a dollar-for-dollar rate.Strong Earnings Per Share Growth
Adjusted diluted earnings per share increased by 27% in Q4 and 8.6% for the full year.
Vehicle Control Segment Growth
Vehicle control business increased by 4.9% in the quarter and 3.3% for the full year, setting a high watermark for the segment.
Temperature Control Segment Performance
Sales were up 30% in Q4 and 12.5% for the full year, marking the best year for the segment.
Nissens Automotive Acquisition
Nissens added $35.7 million of net sales in Q4 and $3.2 million of adjusted EBITDA, with integration plans underway targeting $8 million to $12 million in run rate cost reduction synergies.
Dividend Increase
Quarterly dividend increased to $0.31 per share, a rise of almost 7%.
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SMP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SMP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $30.31 | $28.64 | -5.51% |
| Oct 30, 2024 | $28.13 | $33.47 | +18.98% |
| Aug 01, 2024 | $31.82 | $32.08 | +0.82% |
| May 01, 2024 | $30.92 | $31.58 | +2.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Standard Motor Products (SMP) report earnings?
Standard Motor Products (SMP) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Standard Motor Products (SMP) earnings time?
Standard Motor Products (SMP) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SMP EPS forecast?
SMP EPS forecast for the fiscal quarter 2025 (Q1) is 0.44.
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