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

Superior Plus

10/05/2023 04:16

* Superior Plus Corp  SPB.TO  reported quarterly adjusted
earnings
of 63 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
53 cents per share.
    * Revenue rose 7.3% to C$1.26 billion from a year ago;
analysts
expected C$1.43 billion. 
    * Superior Plus Corp's reported EPS for the quarter was 63
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7% in
the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Superior Plus Corp shares had fallen by 14.7% this
quarter and
lost 15.4% so far this year.
    * The company reported quarterly net income of C$140.7
million.
    * Wall Street's median 12-month price target for Superior
Plus
Corp is C$13.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 03:16 a.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.53           0.63           Beat
 Dec. 31 2022      0.28           0.30           Beat
 Sep. 30 2022      -0.30          -0.38          Missed
 Jun. 30 2022      -0.23          -0.46          Missed