Standard Motor Products Q3 Adj. EPS $1.36 Beats $1.30 Estimate, Sales $498.836M Miss $503.330M Estimate

Standard Motor Products (NYSE:SMP) reported quarterly earnings of $1.36 per share which beat the analyst consensus estimate of $1.30 by 4.21 percent. This is a 6.25 percent increase over earnings of $1.28 per share from the same period last year. The company reported quarterly sales of $498.836 million which missed the analyst consensus estimate of $503.330 million by 0.89 percent. This is a 24.94 percent increase over sales of $399.265 million the same period last year.