Standard Motor Products Inc. (NYSE:SMP) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 64.71% to $0.28 in the quarter versus EPS of $0.17 in the year-earlier quarter. Revenue Rose 10.47% to $192.4 million from the year-earlier quarter.
Standard Motor Products Inc. reported adjusted EPS income of $0.28 per share. By that measure, the company beat the mean analyst estimate of $0.21. It beat the average revenue estimate of $190.82 million.