Superior Group of Companies Inc SGC.OQ reported quarterly adjusted earnings of 10 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of five analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 2 cents to 11 cents per share.
Revenue rose 9.3% to $144.05 million from a year ago; analysts expected $132.99 million.
Superior Group of Companies Inc's reported EPS for the quarter was 10 cents.
The company reported quarterly net income of $1.55 million.
Superior Group of Companies Inc shares had fallen by 5.0% this quarter and lost 40.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 46.7% 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 "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is "buy."
Wall Street's median 12-month price target for Superior Group of Companies Inc is $16.00, about 38.8% above its last closing price of $9.79
This summary was machine generated from LSEG data August 5 at 09:02 p.m. UTC. 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)