Superior Industries International
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Superior Industries International missed estimates on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share expanded significantly.
Margins expanded across the board.
Superior Industries International reported revenue of $193.9 million. The two analysts polled by S&P Capital IQ looked for revenue of $207.0 million on the same basis. GAAP reported sales were 6.3% lower than the prior-year quarter's $207.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.55. The three earnings estimates compiled by S&P Capital IQ predicted $0.19 per share. GAAP EPS of $0.55 for Q3 were 244% higher than the prior-year quarter's $0.16 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 7.7%, 160 basis points better than the prior-year quarter. Operating margin was 4.7%, 180 basis points better than the prior-year quarter. Net margin was 7.8%, 580 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $219.9 million. On the bottom line, the average EPS estimate is $0.25.
Next year's average estimate for revenue is $859.0 million. The average EPS estimate is $0.93.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 99 members out of 115 rating the stock outperform, and 16 members rating it underperform. Among 36 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 30 give Superior Industries International a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Superior Industries International is hold, with an average price target of $17.00.
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