Standard Motor Products (SMP) Beats Q1 Earnings and Revenue Estimates

Standard Motor Products (SMP) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of$ 0.44 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 84.09%. A quarter ago, it was expected that this auto parts maker would post earnings of$ 0.37 per share when it actually produced earnings of $0.47, delivering a surprise of 27.03%.Over the last four quarte ...