Superior Industries Intl (NYSE:SUP) is set to give its latest quarterly earnings report on Thursday, 2024-03-07. Here's what investors need to know before the announcement.
Analysts estimate that Superior Industries Intl will report an earnings per share (EPS) of $-0.17.
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).
Here's a look at Superior Industries Intl's past performance and the resulting price change:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.01 | 0.32 | |
| EPS Actual | -3.42 | -0.35 | -0.49 | 0.21 |
| Price Change % | 5.0% | -4.0% | -3.0% | 13.0% |
Stock Performance
Shares of Superior Industries Intl were trading at $3.29 as of March 05. Over the last 52-week period, shares are down 48.9%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.