Superior Industries (SUP) Tops Q4 EPS by 17c, Offers Guidance

Superior Industries (NYSE: SUP) reported Q4 EPS of $0.25, $0.17 better than the analyst estimate of $0.08. Revenue for the quarter came in at $402 million versus the consensus estimate of $431.22 million.

GUIDANCE:

Superior Industries sees FY2023 revenue of $1.55-1.67 billion.

Superior management assumes full year 2023 industry OEM production in its markets to grow at a low single digit percentage rate. As a result, Superior’s full year 2023 outlook is as follows:

Superior remains well-positioned to navigate the operating environment, including any inflationary pressures, foreign exchange headwinds, or possible recessionary trends.

For earnings history and earnings-related data on Superior Industries (SUP) click here.

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