Recap: Standard Motor Products Q1 Earnings

Standard Motor Products SMP reported its Q1 earnings results on Wednesday, May 3, 2023 at 08:30 AM.

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

Earnings

Standard Motor Products beat estimated earnings by 7.02%, reporting an EPS of $0.61 versus an estimate of $0.57.

Revenue was up $5.20 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 3.19% drop in the share price the next day.

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

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.