Standard Motor Products (SMP) Misses Q2 EPS by 25c
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Standard Motor Products, Inc. Announces Second Quarter 2022 Results and Quarterly Dividend
August 3, 2022 8:30 AM EDTNEW YORK, Aug. 3, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three and six months ended June 30, 2022.
Net sales for the second quarter of 2022Â were $359.4 million, compared to consolidated net sales of $342.1 million during the comparable quarter in 2021. Earnings from continuing operations for the second quarter of 2022Â were $20.8 million or $0.93 cents per diluted share, compared to $28.0Â million or $1.23 cents per diluted share in the second quarter of 2021.... More
