Superior Industries (SUP) Tops Q1 EPS by 15c
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Superior Industries Reports First Quarter 2016 Financial Results
April 27, 2016 7:01 AM EDTFirst Quarter 2016 Highlights:
Q1 EPS of $0.56, a 250.0% increase year-over-year Q1 wheel shipments of 3.2 million, a 25.3% increase year-over-year Q1 value-added sales of $102.3 million, a 24.4% increase year-over-year Q1 adjusted EBITDA of $28.1 million, a 110.2% increase year-over-year Q1 adjusted EBITDA as a percentage of value-added sales of 27.5%, a 1121 basis point improvement year-over-year $16.6 million of capital returned to shareholders through dividends and stock repurchases during Q1 2016 outlook reaffirmed... More