Standard Motor Products Q2 EPS $0.83 Misses $0.98 Estimate, Sales $353.10M Miss $374.45M Estimate
Author: Benzinga Newsdesk | August 02, 2023 08:31am
Standard Motor Products (NYSE:
SMP) reported quarterly earnings of $0.83 per share which missed the analyst consensus estimate of $0.98 by 15.31 percent. This is a 10.75 percent decrease over earnings of $0.93 per share from the same period last year. The company reported quarterly sales of $353.10 million which missed the analyst consensus estimate of $374.45 million by 5.70 percent. This is a 1.76 percent decrease over sales of $359.41 million the same period last year.
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