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Superior Plus Corp. (TSE:SPB)
TSX:SPB
Holding TSE:SPB?
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Earnings Data
Report Date
Feb 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.3Last Year’s EPS
0.29Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: -4.03%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strategic initiatives like the 'Superior Delivers' program and a strong performance from Certarus, aimed at long-term growth and operational efficiency. However, it also addressed challenges such as flat EBITDA growth expectations and a higher leverage ratio. The decision to reduce the dividend to provide financial flexibility for share repurchases and investments was a notable strategic move.Company Guidance
During the Superior Plus Q3 2024 earnings call, the company outlined its strategic initiatives to transform its business model and enhance profitability. The key guidance included a comprehensive productivity and growth initiative named "Superior Delivers," which aims to achieve at least $50 million in incremental EBITDA by the end of 2027. This transformation involves over 100 specific initiatives focusing on customer growth, cost reduction, and capital efficiency. Additionally, the company announced a 75% reduction in its dividend, reallocating approximately CAD 135 million in annual free cash flow for share repurchases, with a commitment to aggressively buy back shares. Superior Plus also adjusted its 2024 adjusted EBITDA growth expectations from approximately 5% to flat compared to 2023 and reduced its capital expenditure guidance from $230 million to $190 million. The company plans to further elaborate on these strategies during an Investor Day scheduled for April 2025.Certarus Strong Performance
Certarus delivered a strong quarter with 15% growth in EBITDA, showcasing resilience despite increased competitive pressures.
Superior Delivers Initiative
Superior Plus announced a transformation program called 'Superior Delivers,' aimed at optimizing the propane business with 100 specific initiatives, targeting $50 million incremental EBITDA by the end of 2027.
Dividend Reduction for Flexibility
A strategic decision to reduce the dividend by 75% was made, providing an additional CAD 135 million in free cash flow annually to be directed towards share repurchases and investments.
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TSE:SPB 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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TSE:SPB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | C$6.70 | C$5.56 | -17.01% |
| Aug 13, 2024 | C$7.59 | C$7.43 | -2.11% |
| May 14, 2024 | C$8.97 | C$8.89 | -0.89% |
| Feb 21, 2024 | C$8.90 | C$8.96 | +0.67% |
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 Plus Corp. (TSE:SPB) report earnings?
Superior Plus Corp. (TSE:SPB) is schdueled to report earning on Feb 13, 2025, TBA Not Confirmed.
What is Superior Plus Corp. (TSE:SPB) earnings time?
Superior Plus Corp. (TSE:SPB) earnings time is at Feb 13, 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 TSE:SPB EPS forecast?
TSE:SPB EPS forecast for the fiscal quarter 2024 (Q4) is 0.3.
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