Superior Group Of Companies Sees EPS $0.45-$0.55 Vs $0.91 Est; Revenue $550M-$560M Vs $580.9M Est
Portfolio Pulse from Benzinga Newsdesk
Superior Group of Companies (SGC) has projected its EPS to be between $0.45 and $0.55, lower than the estimated $0.91. The company also expects its revenue to be between $550M and $560M, which is less than the estimated $580.9M.
August 07, 2023 | 8:55 pm
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Superior Group of Companies has projected lower EPS and revenue than estimates. This could potentially lead to a decrease in the company's stock price in the short term.
Companies' stock prices are often influenced by their earnings and revenue projections. In this case, SGC's lower than expected EPS and revenue forecasts could lead to a decrease in its stock price as it indicates potential financial instability or underperformance.
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