Recap: Standard Motor Products Q1 Earnings

Standard Motor Products SMP reported its Q1 earnings results on Tuesday, May 3, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Standard Motor Products beat estimated earnings by 29.58%, reporting an EPS of $0.92 versus an estimate of $0.71.

Revenue was up $46.28 million from the same period last year.

Last quarter the company beat on EPS by $0.23 which was followed by a 5.65% drop in the share price the next day.

Here's a look at Standard Motor Products's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.67	1.10	0.65	0.54
EPS Actual	0.90	1.32	1.26	0.97
Revenue Estimate	282.91M	342.64M	268.56M	257.57M
Revenue Actual	309.88M	370.31M	342.08M	276.55M

To track all earnings releases for Standard Motor Products visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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