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Standard Motor Products Q1 Adj $0.45 Beats $0.37 Estimate, Sales $331.40M Beat $321.84M Estimate

Author: Benzinga Newsdesk | May 01, 2024 08:33am

Standard Motor Products (NYSE:SMP) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.37 by 21.62 percent. This is a 26.23 percent decrease over earnings of $0.61 per share from the same period last year. The company reported quarterly sales of $331.40 million which beat the analyst consensus estimate of $321.84 million by 2.97 percent. This is a 1.03 percent increase over sales of $328.03 million the same period last year.

Posted In: SMP