Standard Motor Products (SMP) Tops Q4 EPS by 4c, Revenues Miss
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Standard Motor Products, Inc. Announces Fourth Quarter and 2019 Year-End Results
February 19, 2020 8:30 AM ESTNEW YORK, Feb. 19, 2020 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), an automotive replacement parts manufacturer and distributor, reported today its consolidated financial results for the three months and twelve months ended December 31, 2019.
Consolidated net sales for the fourth quarter of 2019 were $241.3 million, compared to consolidated net sales of $247 million during the comparable quarter in 2018. Earnings from continuing operations for the fourth quarter of 2019 were $12.7 million or 56 cents per diluted share, compared to $12.2 million or 53 cents per diluted share in the fourth quarter of 2018. Excluding non-operational gains and losses identified on the... More
