Standard Motor Products: 1Q Earnings Snapshot
Standard Motor Products: 1Q Earnings Snapshot
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LONG ISLAND CITY, N.Y. (AP) _ Standard Motor Products Inc. (SMP) on Tuesday reported first-quarter net income of $12.2 million.
On a per-share basis, the Long Island City, New York-based company said it had profit of 53 cents. Earnings, adjusted to account for discontinued operations, were 57 cents per share.
The auto parts maker posted revenue of $283.8 million in the period.
Standard Motor Products shares have risen 7% since the beginning of the year. The stock has risen 11% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMP at https://www.zacks.com/ap/SMP
