SP Plus (SP) Tops Q3 EPS by 3c, Revenues Beat; Lowers FY18 FCF Outlook

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SP Plus Corporation Announces Third Quarter and Year-to-Date 2018 Results

October 31, 2018 4:20 PM EDT

Solid growth in net income and EPS; Reported results impacted by acquisition-related costs; Reaffirms previously provided 2018 adjusted guidance measures; Lowers 2018 free cash flow outlook

CHICAGO, Oct. 31, 2018 (GLOBE NEWSWIRE) -- SP Plus Corporation (Nasdaq: SP), a leading national provider of parking, ground transportation and related services to commercial, institutional and municipal clients throughout North America, today announced its third quarter and nine-month 2018 results.

G Marc Baumann, President and Chief Executive Officer, stated, We continue to... More