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Market Overview

Superior Industries: Q3 Earnings Insights

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Shares of Superior Industries Intl (NYSE:SUP) moved higher by 24.8% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 260.00% over the past year to $0.24, which beat the estimate of ($0.34).

Revenue of $317,100,000 decreased by 9.91% year over year, which beat the estimate of $313,120,000.

Looking Ahead

Superior Industries Intl hasn't issued any earnings guidance for the time being.

The upcoming fiscal year's revenue expected to be between $1,060,000,000 and $1,090,000,000.

Details Of The Call

Date: Nov 02, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/yer553of

Price Action

Company's 52-week high was at $4.45

52-week low: $0.90

Price action over last quarter: down 7.14%

Company Profile

Superior Industries International Inc is a manufacturer of aluminum wheels for passenger automobiles and light-duty vehicles. The company supplies its aluminum wheels to original equipment manufacturers. The list of clients includes the majority of multinational automotive vehicle manufacturers. Geographically, Superior Industries International is spread across the United States, Mexico, Germany and Poland.

 

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Posted-In: Earnings News

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