SP Plus Corp reports results for the quarter ended in March - Earnings Summary

SP Plus

04/05/2023 11:33

* SP Plus Corp  SP.OQ  reported quarterly adjusted earnings
of 58
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
53 cents per share.
    * Revenue rose 130.6% to $425.30 million from a year ago;
analysts
expected $271.01 million. 
    * SP Plus Corp's reported EPS for the quarter was 42 cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * SP Plus Corp shares had fallen by 1.3% this quarter and
lost 2.5% so far this year.
    * The company reported quarterly net income of $8.4 million.
    * Wall Street's median 12-month price target for SP Plus
Corp is
$50.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 10:33 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.53           0.58           Beat
 Dec. 31 2022      0.74           0.56           Missed
 Sep. 30 2022      0.78           0.80           Beat
 Jun. 30 2022      0.67           0.81           Beat