Standard Motor Products EPS beats by $0.36, beats on revenue
- BySeeking Alpha-
Standard Motor Products (SMP) acquirescertain assets and liabilities of the particulate matter sensor business of Stoneridge
Standard Motor Products Inc. (NYSE:SMP) reported adjusted earnings of 59 cents per share in fourth-quarter 2019, beating the Zacks Consensus Estimate of 57 cents. Further, the...
LKQ Corporation (NASDAQ:LKQ) delivered a comprehensive beat in the third quarter of 2019, wherein it surpassed earnings and revenue estimates. The aftermarket auto parts...
Standard Motor Products, Inc. is an independent manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry with a complementary focus on heavy duty, industrial equipment and the original equipment service market. The Company's segments include Engine Management Segment and Temperature Control Segment. The Engine Management Segment manufactures and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems. The Temperature Control Segment manufactures and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories and windshield washer system parts. The Company sells its products primarily to warehouse distributors, large retail chains, original equipment manufacturers and original equipment service part operations in the United States, Canada, Latin America and Europe.