SP Plus (SP) Tops Q1 EPS by 2c, Revenues Beat; Affirms FY19 EPS Mid-Point Guidance Above Consensus

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Go back to SP Plus (SP) Tops Q1 EPS by 2c, Revenues Beat; Affirms FY19 EPS Mid-Point Guidance Above Consensus

SP Plus Corporation Announces First Quarter 2019 Results

May 1, 2019 4:19 PM EDT

CHICAGO, May 01, 2019 (GLOBE NEWSWIRE) -- SP Plus Corporation (Nasdaq: SP), a leading provider of parking, ground transportation, baggage handling and related services to commercial, institutional, municipal, and aviation clients throughout North America, today announced its first quarter 2019 results.

G Marc Baumann, Chief Executive Officer, stated, We are very pleased that 2019 is off to a strong start.  Overall gross profit, including the results from the acquired Bags business, increased by 35% over the first quarter of last year.  Organic gross profit, excluding the Bags results, increased 10% over the first quarter of last year, and... More