Superior Industries Reports Second Quarter 2018 Financial Results

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Superior Industries (SUP) Misses Q2 EPS by 5c, Revenues Beat; Lifts FY18 Revenue Outlook Above Consensus

August 8, 2018 7:04 AM EDT

Superior Industries (NYSE: SUP) reported Q2 EPS of $0.09, $0.05 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $389 million versus the consensus estimate of $383.36 million.

Record unit shipments of 5.6 million, up 46% year-over-yearRecord net sales of $389.0 million and Value-Added Sales of $204.4 millionValue-Added Sales per wheel of $36.81, up 7% year-over-yearNet income of $8.1 million; earnings per diluted share of $0.09, which includes acquisition-related items of $0.16 per diluted shareRecord... More