Superior Group Of Companies Forecasts Full Year 2024 Sales Of $558M-$568M (Est $563.32M), EPS Of $0.61-$0.68 (Est $0.71)
Portfolio Pulse from Benzinga Newsdesk
Superior Group Of Companies (SGC) forecasts its full-year 2024 sales to be between $558M-$568M, closely aligning with the estimated $563.32M. However, its projected EPS of $0.61-$0.68 falls short of the estimated $0.71.
March 13, 2024 | 8:29 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Superior Group Of Companies projects FY2024 sales of $558M-$568M and EPS of $0.61-$0.68, under the estimated EPS of $0.71.
SGC's projected EPS falling below the estimated value could lead to negative investor sentiment in the short term, potentially impacting the stock price negatively. The sales forecast being in line with estimates provides some balance, but the lower EPS projection is likely to be the focal point for investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100