Standard Motor Products Q2 2024 Adj. EPS $0.98 Beats $0.78 Estimate, Sales $389.829M Beat $365.599M Estimate
Portfolio Pulse from Benzinga Newsdesk
Standard Motor Products (SMP) reported Q2 2024 adjusted EPS of $0.98, beating the estimate of $0.78. Sales were $389.829 million, surpassing the expected $365.599 million.
August 01, 2024 | 12:35 pm
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Standard Motor Products (SMP) reported better-than-expected Q2 2024 results with an adjusted EPS of $0.98 and sales of $389.829 million, both surpassing estimates.
The better-than-expected earnings and sales figures are likely to positively impact SMP's stock price in the short term as they indicate strong financial performance.
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