Superior Industries reports Q4 EPS (75c), consensus (60c)

Reports Q4 revenue $310.3M, consensus $300.28M. “The Superior team demonstrated remarkable discipline in 2024 amidst a challenging operating environment. Despite industry declines, we maintained our margins and outperformed the industry. During the year, we achieved critical milestones in our Company’s transformation. We successfully executed on our global overhead reduction initiative and completed our European transformation, a strategic move that strengthens our competitive position and significantly enhances our profitability. Additionally, we successfully attracted $520 million in capital and refinanced all our debt, fortifying our balance sheet and capital structure,” commented Majdi Abulaban, president and CEO of Superior.