Standard Motor Products posts 4Q profit

LONG ISLAND CITY, N.Y. (AP) _ Standard Motor Products Inc. (SMP) on Thursday reported fourth-quarter profit of $8.4 million.

On a per-share basis, the Long Island City, New York-based company said it had net income of 36 cents. Earnings, adjusted for one-time gains and costs, came to 42 cents per share.

The auto parts maker posted revenue of $229.8 million in the period.

For the year, the company reported profit of $60.4 million, or $2.62 per share. Revenue was reported as $1.06 billion.

Standard Motor Products shares have dropped 5 percent since the beginning of the year. The stock has risen 45 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMP at https://www.zacks.com/ap/SMP

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