SP Plus Corp expected to post earnings of 85 cents a share - Earnings Preview

SP Plus

16/02/2024 11:31

* SP Plus Corp  SP.OQ   SP.O  is expected to show a rise in
quarterly revenue when it reports  results on February 20
(estimated) for the period ending December 31 2023
    * The Chicago Illinois-based  company is expected to report
a
10.5% increase in revenue to $228 million from $206.4 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for SP Plus Corp is for
earnings
of 85 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for SP Plus
Corp is
$64.00​, above​ its last closing price of $51.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.72        0.73       0.79      Beat    8.2
 Jun. 30 2023  0.67        0.68       0.78      Beat    14.3
 Mar. 31 2023  0.54        0.53       0.58      Beat    10.5​
 Dec. 31 2022  0.73        0.74       0.56      Missed  -24.3
 ​​Sep.        0.78        0.78       0.80      Beat    2.9
 30 2022                                                
 Jun. 30 2022  0.67        0.67       0.81      Beat    20.9​
 Mar. 31 2022  0.45        0.44       0.60      Beat    35.6
 Dec. 31 2021  0.49        0.50       0.51      Beat    1.5
 This summary was machine generated February 16 at 11:31 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)