Standard Motor Products: Fourth Quarter Earnings Overview

Standard Motor Products Announces Fourth Quarter Results

Standard Motor Products Inc., based in Long Island City, New York, reported a net income of $7.9 million for the fourth quarter.

Earnings amounted to $0.35 per share, while adjusted earnings—excluding special items—were $0.56 per share.

The company, which manufactures automotive parts, recorded $385.1 million in revenue during the quarter.

For the full year, Standard Motor Products achieved a profit of $41.3 million, or $1.84 per share, with total revenue reaching $1.79 billion.