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Superior Industries International (SUP)
NYSE:SUP
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Earnings Data
Report Date
Feb 28, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.6Last Year’s EPS
-0.8Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 09, 2018
|% Change Since: -25.63%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment, with significant achievements in debt refinancing and EBITDA growth being offset by challenges in market conditions and lowered financial guidance.Company Guidance
During the Q3 2024 earnings call for Superior Industries, management provided detailed guidance amidst a challenging demand environment. The company reported a significant reduction in total debt by $117 million and secured $520 million in new capital, extending debt maturities to 2028. Despite a 6% decline in industry production, Superior's value-added sales only fell by 2% year-over-year, outperforming the market. Adjusted EBITDA grew by 6% with a 200 basis point margin expansion, driven by a $7 million reduction in conversion costs at their Polish facility. The company anticipates a 6% industry production decline in the latter half of 2024, prompting a revised full-year outlook, with net sales forecasted between $1.25 billion and $1.33 billion and adjusted EBITDA between $146 million and $154 million. Superior plans a 15% reduction in SG&A and manufacturing overhead, aiming for $10 million to $15 million in savings by early 2025, incurring a $9.5 million restructuring charge in Q4 2024.Debt Refinancing Success
Superior Industries successfully refinanced its debt, attracting $520 million in new capital, reducing total debt by $117 million, and extending debt maturities to 2028.
Adjusted EBITDA Growth
Adjusted EBITDA increased 6% year-over-year, with margins expanding by 200 basis points, supported by lower conversion costs and improved performance.
North America Performance
The North American business outperformed, benefiting from earlier wins with Japanese OEMs and stronger key customer production volumes.
SG&A and Overhead Reduction
Targeted a 15% reduction in SG&A and manufacturing overhead, expected to deliver $10 million to $15 million in savings by early 2025.
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SUP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SUP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $2.77 | $2.61 | -5.78% |
| Aug 08, 2024 | $2.75 | $2.97 | +8.00% |
| May 02, 2024 | $3.73 | $3.96 | +6.17% |
| Mar 07, 2024 | $3.17 | $3.11 | -1.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Superior Industries International (SUP) report earnings?
Superior Industries International (SUP) is schdueled to report earning on Feb 28, 2025, TBA Not Confirmed.
What is Superior Industries International (SUP) earnings time?
Superior Industries International (SUP) earnings time is at Feb 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SUP EPS forecast?
SUP EPS forecast for the fiscal quarter 2024 (Q4) is -0.6.
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