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

SP Plus

02/11/2023 05:44

* SP Plus Corp  SP.OQ  reported quarterly adjusted earnings
of 79
cents​​ per share for the quarter ended in September, lower than
the same quarter last year, when the company reported EPS of 80
cents.  The mean expectation of four analysts for the quarter
was for earnings of 73 cents per share. Wall Street expected
results to range from 69 cents to 78 cents per share.
    * Revenue rose 10.3% to $228.40 million from a year ago;
analysts
expected $219.54 million. 
    * SP Plus Corp's reported EPS for the quarter was 46 cents​.
    * The company reported quarterly net income of $9.2 million.
    * SP Plus Corp shares had risen by 40.3% this quarter and
gained 45.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for SP Plus
Corp is
$59.00 

This summary was machine generated from LSEG data November 2 at
05:44 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.73           0.79           Beat
 Jun. 30 2023      0.68           0.78           Beat
 Mar. 31 2023      0.53           0.58           Beat
 Dec. 31 2022      0.74           0.56           Missed