Standard Motor Products (SMP) Beats Q3 Earnings and Revenue Estimates

Standard Motor Products (SMP) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of$ 1.09 per share. This compares to earnings of $1.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 17.43%. A quarter ago, it was expected that this auto parts maker would post earnings of$ 0.78 per share when it actually produced earnings of $0.98, delivering a surprise of 25.64%. Over the last four quar ...