Superior Reports First Quarter 2019 Financial Results
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Superior Industries (SUP) Misses Q1 EPS by 8c, Revenues Miss; Affirms FY19 Revenue Outlook
May 9, 2019 7:03 AM EDTSuperior Industries (NYSE: SUP) reported Q1 EPS of ($0.24), $0.08 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $357.7 million versus the consensus estimate of $363.57 million.
Unit shipments of 5.0 million compared to 5.5 million in the prior yearNet sales of $357.7 million compared to $386.4 million in the prior yearValue-Added Sales(1) of $192.8 million compared to $207.4 million in the prior yearValue-Added Sales(1) per wheel of $38.26, up $0.80 compared to the prior yearNet income of $2.0 million and a loss per diluted share of $0.24(2), which includes acquisition-related and other expenses of $0.02 per diluted... More