Superior Industries (SUP) Tops Q2 EPS by 8c
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Superior Industries Reports Second Quarter 2016 Financial Results
July 27, 2016 7:02 AM EDTSecond Quarter 2016 Highlights:
Q2 EPS of $0.52, a 116.7% increase year-over-year Q2 wheel shipments of 3.1 million, a 13.2% increase year-over-year Q2 net income of $13.2 million, a 101.5% increase year-over-year Q2 adjusted EBITDA of $27.9 million, a 37.6% increase year-over-year $5.7 million of capital returned to shareholders through dividends and stock repurchases during Q2 Raises 2016 outlook for net sales to a range of $710 million to $725 million, value-added sales to a range of $395 million to $403 million and adjusted EBITDA to... More