SP Plus (SP) Misses Q4 EPS by 5c; Offers FY20 EPS Mid-Point Guidance Below Consensus

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Go back to SP Plus (SP) Misses Q4 EPS by 5c; Offers FY20 EPS Mid-Point Guidance Below Consensus

SP Plus Corporation Announces Fourth Quarter and Full-Year 2019 Results

February 19, 2020 4:01 PM EST

--Strong 2019 Performance Driven by Organic Gross Profit Growth and Bags Acquisition-- --Expects 2020 Reported and Adjusted EPS Growth of 13% and 10% at the Midpoints-- --Projects 2020 Cash Provided by Operating Activities of $77-$88 Million and Free Cash Flow of $65-$70 Million--

CHICAGO, Feb. 19, 2020 (GLOBE NEWSWIRE) -- SP Plus Corporation (SP+) (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, today announced its fourth quarter and full-year 2019 results.

Fourth Quarter / Full Year Commentary

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