Benzinga | Jul 29, 2020 08:40AM EDT

Standard Motor Products Q2 EPS $0.52 Beats $0.32 Estimate, Sales $247.94M Beat $228.74M Estimate

Standard Motor Products (NYSE:SMP) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.32 by 62.5 percent. This is a 43.48 percent decrease over earnings of $0.92 per share from the same period last year. The company reported quarterly sales of $247.94 million which beat the analyst consensus estimate of $228.74 million by 8.39 percent. This is a 18.75 percent decrease over sales of $305.17 million the same period last year.