Superior Industries Reports First Quarter 2017 Financial Results

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Superior Industries (SUP) Reports Q2 EPS of 12c

April 26, 2017 6:40 AM EDT

Superior Industries (NYSE: SUP) reported Q1 EPS of $0.12, may not compare to the analyst estimate of $0.37. Revenue for the quarter came in at $174.2 million versus the consensus estimate of $175.34 million.

2017 Outlook

Based on the current outlook for the year, Superior reaffirms its previous 2017 outlook provided on March 2, 2017. This outlook is based on Superior stand-alone and excludes any future impact from the acquisition of UNIWHEELS.

Superior expects net sales to be in the range of $730 million to $750 million driven by unit shipments of... More