Benzinga | Oct 28, 2020 08:32AM EDT

Standard Motor Products Q3 EPS $1.59 Beats $1.00 Estimate, Sales $343.60M Beat $323.50M Estimate

Standard Motor Products (NYSE:SMP) reported quarterly earnings of $1.59 per share which beat the analyst consensus estimate of $1.00 by 59 percent. This is a 55.88 percent increase over earnings of $1.02 per share from the same period last year. The company reported quarterly sales of $343.60 million which beat the analyst consensus estimate of $323.50 million by 6.21 percent. This is a 11.66 percent increase over sales of $307.72 million the same period last year.