Standard Motor Products Q1 Adj. EPS $0.81 Beats $0.44 Estimate, Sales $413.38M Beat $394.38M Estimate

Standard Motor Products (NYSE:SMP) reported quarterly earnings of $0.81 per share which beat the analyst consensus estimate of $0.44 by 84.09 percent. This is a 80 percent increase over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $413.38 million which beat the analyst consensus estimate of $394.38 million by 4.82 percent. This is a 24.74 percent increase over sales of $331.40 million the same period last year.