Standard Motor Products Q3 Adj. EPS $1.54 Beats $1.41 Estimate, Sales $507.791M Miss $514.987M Estimate

Standard Motor Products (NYSE:SMP) reported quarterly earnings of $1.54 per share which beat the analyst consensus estimate of $1.41 by 9.22 percent. This is a 13.24 percent increase over earnings of $1.36 per share from the same period last year. The company reported quarterly sales of $507.791 million which missed the analyst consensus estimate of $514.987 million by 1.40 percent. This is a 1.80 percent increase over sales of $498.836 million the same period last year.