Benzinga | May 5, 2021 08:47AM EDT

Standard Motor Products Q1 Adj. EPS $0.97 Beats $0.54 Estimate, Sales $276.55M Beat $257.57M Estimate

Standard Motor Products (NYSE:SMP) reported quarterly earnings of $0.97 per share which beat the analyst consensus estimate of $0.54 by 79.63 percent. This is a 125.58 percent increase over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $276.55 million which beat the analyst consensus estimate of $257.57 million by 7.37 percent. This is a 8.75 percent increase over sales of $254.30 million the same period last year.