Standard Motor Products Inc. (NYSE:SMP) reported its consolidated financial results for the three months and nine months ended September 30, 2011. Consolidated net sales for the third quarter of 2011 were $236.2 million, compared to consolidated net sales of $227.5 million during the comparable quarter in 2010. Earnings from continuing operations for the third quarter of 2011 were $14.1 million or 61 cents per diluted share, compared to $11.1 million or 48 cents per diluted share in the third quarter of 2010. Excluding non-operational gains and losses identified on the attached reconciliation of GAAP and non-GAAP measures, earnings from continuing operations for the third quarter of 2011 were $13.7 million or 59 cents, compared to $9.8 million or 43 cents per diluted share in the third quarter of 2010.
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(SMP, MJGCF, FRZ, SAM) Stocks Report by BestOtc.com
November 3rd, 2011 at 07:14 am