Standard Motor Products: Q2 Earnings Insights

Standard Motor Products SMP reported its Q2 earnings results on Wednesday, August 3, 2022 at 08:00 AM.

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

Standard Motor Products missed estimated earnings by 21.19%, reporting an EPS of $0.93 versus an estimate of $1.18.

Revenue was up $17.34 million from the same period last year.

Last quarter the company beat on EPS by $0.21 which was followed by a 2.56% increase in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.71	0.67	1.10	0.65
EPS Actual	0.92	0.90	1.32	1.26
Revenue Estimate	304.30M	282.91M	342.64M	268.56M
Revenue Actual	322.83M	309.88M	370.31M	342.08M

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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