Superior Industries Intl Q2 EPS $(0.35) Misses $(0.08) Estimate, Sales $372.60M Miss $392.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Superior Industries Intl (NYSE:SUP) reported Q2 losses of $(0.35) per share, missing the analyst consensus estimate of $(0.08) by 337.5%. This is a 450% decrease over earnings of $0.10 per share from the same period last year. The company also reported quarterly sales of $372.60 million, missing the analyst consensus estimate of $392.00 million by 4.95%. This is a 13.65% decrease over sales of $431.50 million the same period last year.
August 04, 2023 | 12:56 pm
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NEGATIVE IMPACT
Superior Industries Intl's Q2 earnings and sales missed estimates significantly, indicating a potential negative impact on the company's stock.
Superior Industries Intl reported a significant miss in both earnings and sales for Q2, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100