Superior Uniform Group (SGC) Tops Q4 EPS by 9c

Superior Uniform Group (NASDAQ: SGC) reported Q4 EPS of $0.38, $0.09 better than the analyst estimate of $0.29. Revenue for the quarter came in at $72.4 million versus the consensus estimate of $66.49 million.

• Income before taxes on income increased 16.5 percent to $6.8 million compared to $5.9 million in the fourth quarter of 2016. Net income for the fourth quarter ended December 31, 2017 was $1.9 million, or $0.12 per diluted share, compared to net income of $4.4 million, or $0.30 per diluted share, reported for the fourth quarter ended December 31, 2016. As noted above, fourth quarter 2017 net income was reduced by $4.0 million, or approximately $0.26 per diluted share, associated with the enactment of the Tax Cuts and Jobs Act.

For earnings history and earnings-related data on Superior Uniform Group (SGC) click here.

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