Superior Industries (SUP) Misses Q1 EPS by 56c; updates guidance

Superior Industries (NYSE: SUP) reported Q1 EPS of ($0.49), $0.56 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $381 million versus the consensus estimate of $449.27 million.

GUIDANCE:

Superior Industries sees FY2023 revenue of $1.55-1.63 billion, versus the consensus of $1.74 billion.

Macroeconomic uncertainty in the second half of 2023 is increasing. As a result, Superior is narrowing its full year 2023 outlook.

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

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