Standard Motor Products Q2 Adj. EPS $1.29 Beats $0.95 Estimate, Sales $493.853M Beat $450.205M Estimate

Standard Motor Products (NYSE:SMP) reported quarterly earnings of $1.29 per share which beat the analyst consensus estimate of $0.95 by 35.79 percent. This is a 31.63 percent increase over earnings of $0.98 per share from the same period last year. The company reported quarterly sales of $493.853 million which beat the analyst consensus estimate of $450.205 million by 9.70 percent. This is a 26.68 percent increase over sales of $389.829 million the same period last year.