Superior Industries (SUP) Misses Q1 EPS by 8c, Revenues Miss; Affirms FY19 Revenue Outlook

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Go back to Superior Industries (SUP) Misses Q1 EPS by 8c, Revenues Miss; Affirms FY19 Revenue Outlook

Superior Reports First Quarter 2019 Financial Results

May 9, 2019 7:00 AM EDT

First Quarter 2019 Highlights:

Unit shipments of 5.0 million compared to 5.5 million in the prior year Net sales of $357.7 million compared to $386.4 million in the prior year Value-Added Sales(1) of $192.8 million compared to $207.4 million in the prior year Value-Added Sales(1) per wheel of $38.26, up $0.80 compared to the prior year Net 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 share... More