Standard Motor Products (NYSE: SMP) reported earnings on Mar. 6. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Standard Motor Products missed estimates on revenue and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased slightly, and GAAP earnings per share grew significantly.

Margins expanded across the board.

Revenue details
Standard Motor Products booked revenue of $174.2 million. The four analysts polled by S&P Capital IQ expected to see sales of $181.5 million on the same basis. GAAP reported sales were 0.7% higher than the prior-year quarter's $173.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.17. The five earnings estimates compiled by S&P Capital IQ predicted $0.16 per share on the same basis. GAAP EPS of $1.28 for Q4 were much higher than the prior-year quarter's $0.10 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 27.8%, 160 basis points better than the prior-year quarter. Operating margin was 4.0%, 30 basis points better than the prior-year quarter. Net margin was 16.8%, 1,550 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $232.9 million. On the bottom line, the average EPS estimate is $0.36.

Next year's average estimate for revenue is $933.7 million. The average EPS estimate is $1.75.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Standard Motor Products is hold, with an average price target of $21.17.

Over the decades, small-cap stocks like Standard Motor Products have provided market-beating returns, provided they're value priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: 2 Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.