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Reported Earlier, Standard Motor Products Q3 EPS $1.11 Beats $0.98 Estimate, Sales $386.41M Miss $391.88M Estimate

Author: Happy Mohamed | October 27, 2023 03:42pm
Standard Motor Products (NYSE:SMP) reported quarterly earnings of $1.11 per share which beat the analyst consensus estimate of $0.98 by 13.27 percent. This is a 5.71 percent increase over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $386.41 million which missed the analyst consensus estimate of $391.88 million by 1.40 percent. This is a 1.32 percent increase over sales of $381.37 million the same period last year.

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