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NEW YORK, May 5, 2021 /PRNewswire/ Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three months ended March 31, 2021.
Consolidated net sales for the first quarter of 2021 were $276.6 million, compared to consolidated net sales of $254.3 million during the comparable quarter in 2020. Earnings from continuing operations for the first quarter of 2021 were $22.2 million or 97 cents per diluted share, compared to $9.6 million or 42 cents per diluted share in the first quarter of 2020. Excluding non-operational gains and losses identified on the attached reconciliation of GAAP and non-GAAP measures, earnings from continuing operations for the first quarter of 2021 were $22.2 million or 97 cents per diluted share, compared to $9.8 million or 43 cents per diluted share in the first quarter of 2020.
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NEW YORK, May 3, 2021 /PRNewswire/ Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, is scheduled to report its earnings for the three months ended March 31, 2021, on Wednesday, May 5, 2021, before the opening of the stock market.
Standard Motor Products, Inc. will hold a conference call at 11:00 AM, Eastern Daylight Time, on Wednesday, May 5, 2021. The toll free dial-in number is 800-896-8445 or 785-830-1916. The toll free playback number is 800-839-5630 or 402-220-2557. The participant passcode is 62175.
SOURCE Standard Motor Products, Inc.
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NEW YORK, May 3, 2021 /PRNewswire/ Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, is scheduled to report its earnings for the three months ended March 31, 2021, on Wednesday, May 5, 2021, before the opening of the stock market.
Standard Motor Products, Inc. will hold a conference call at 11:00 AM, Eastern Daylight Time, on Wednesday, May 5, 2021. The toll free dial-in number is 800-896-8445 or 785-830-1916. The toll free playback number is 800-839-5630 or 402-220-2557. The participant passcode is 62175.
52-week low: $33.94
Company Overview
Standard Motor Products Inc is a manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry. It operates into two business segments namely Engine Management Segment and Temperature Control Segment. The company focuses on the original equipment and original equipment services markets, with a product lineup of replacement parts for engine management ignition, emission, and fuel systems, as well as temperature-control products. Standard Motor Products distributes its products under the Standard, BWD, TechSmart, Intermotor, Hayden, ACI, and Four Seasons brands, as well as private labels. The largest end market is the United States.
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