Superior Industries International Crushes Earnings Estimates
Superior Industries International (NYS: SUP) reported earnings on Mar. 5. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Superior Industries International beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share increased significantly.
Gross margins dropped, operating margins shrank, and net margins improved.
Superior Industries International reported revenue of $216.8 million. The two analysts polled by S&P Capital IQ expected sales of $205.0 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $191.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $1.51. The three earnings estimates compiled by S&P Capital IQ averaged $0.22 per share on the same basis. GAAP EPS of $1.48 for Q4 were 78% higher than the prior-year quarter's $0.83 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 8.3%, 690 basis points worse than the prior-year quarter. Operating margin was 5.5%, 630 basis points worse than the prior-year quarter. Net margin was 18.5%, 680 basis points better than the prior-year quarter.
On the bottom line, the average EPS estimate is $0.16.
Next year's average estimate for revenue is $868.6 million. The average EPS estimate is $1.30.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 76 members out of 92 rating the stock outperform, and 16 members rating it underperform. Among 28 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 23 give Superior Industries International a green thumbs-up, and five 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 $20.50.
Can your retirement portfolio provide you with enough income to last? You'll need more than Superior Industries International. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.
- Add Superior Industries International to My Watchlist.
At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.