Standard Motor Products: Overview of Fourth Quarter Financial Results

Standard Motor Products Announces Fourth Quarter Results

Standard Motor Products Inc., based in Long Island City, New York, disclosed on Thursday that it earned $7.9 million during the fourth quarter.

Earnings translated to $0.35 per share, while adjusted earnings—excluding special items—came in at $0.56 per share.

The company, which manufactures automotive parts, reported quarterly revenue of $385.1 million.

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