Superior Industries Intl SUP is set to give its latest quarterly earnings report on Thursday, 2023-03-02. Here's what investors need to know before the announcement.
Analysts estimate that Superior Industries Intl will report an earnings per share (EPS) of $0.32.
Superior Industries Intl bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Historical Earnings Performance
Last quarter the company missed EPS by $0.37, which was followed by a 1.85% increase in the share price the next day.
Here's a look at Superior Industries Intl's past performance and the resulting price change:
|Quarter||Q3 2022||Q2 2022||Q1 2022||Q4 2021|
|Price Change %||1.85%||-1.45%||10.15%||-3.48%|
Shares of Superior Industries Intl were trading at $5.44 as of February 28. Over the last 52-week period, shares are up 21.48%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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