Compared to Estimates, Standard Motor Products (SMP) Q2 Earnings: A Look at Key Metrics

For the quarter ended June 2024, Standard Motor Products (SMP) reported revenue of $389.83 million, up 10.4% over the same period last year. EPS came in at$ 0.98, compared to $0.84 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of$ 365.55 million, representing a surprise of +6.64%. The company delivered an EPS surprise of +25.64%, with the consensus EPS estimate being $0.78. While investors scrutinize revenue and earnings changes year-over-year and how they compare wi ...