Earnings Preview: Standard Motor Products
Portfolio Pulse from Benzinga Insights
Standard Motor Products (NYSE:SMP) is set to release its quarterly earnings report on October 30, 2024. Analysts expect an EPS of $1.11. Investors are keen on not just an earnings beat but also positive future guidance. Historically, SMP's stock price has reacted more to guidance than to earnings beats or misses.
October 29, 2024 | 7:01 pm
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Standard Motor Products is expected to report an EPS of $1.11. Investors are looking for not just an earnings beat but also positive guidance. Past performance shows stock price reactions are more influenced by guidance.
The article highlights the importance of both the earnings report and future guidance for SMP. Historically, SMP's stock price has reacted more to guidance than to earnings beats or misses, indicating that the upcoming report could have a neutral impact unless guidance is notably positive or negative.
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