Preview Of Superior Industries International, Inc. ($SUP) 3Q20 Earnings

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Superior Industries International, Inc. (NYSE:SUP) manufacturer of aluminum wheels parts, is reporting third quarter earnings results on Monday 2nd November 2020, before market open.

The consensus estimates from Thomson Reuters are loss of $ 0.34 per share.

For the full year, analysts predict revenues of $ 1085.96 million, while looking forward to loss of $ 2.25 per share.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 1,330.00 million ~ $ 1,390.00 million

Click Here For More Historical Outlooks Of Superior Industries International, Inc.

Previous Quarter Performance

Superior Industries International, Inc. outlined loss for the second quarter of $ 1.77 per share, from the revenue of $ 144.80 million. Street analysts expected Superior Industries International, Inc. to report loss of $ 1.46 per share on revenue of $ 131.62 million for the second quarter. The bottom line results missed street analysts by $ 0.31 or 21.23 percent, at the same time, top line results outshined analysts by $ 13.18 million or 10.01 percent.

Stock Performance

On Friday, shares of Superior Industries International, Inc. has traded high as $ 1.28 and has cracked $ 1.19 on the downward trend, reaching $ 1.23 with volume of 264.60 thousand shares.

According to the previous trading day, closing price of $ 1.23, representing a 45.56 % increase from the 52 week low of $ 0.90 and a 70.56 % decrease over the 52 week high of $ 4.45.

The company has a market capital of $ 31.48 million and is part of the Consumer Cyclical sector and Auto Parts industry.

Conference Call

Superior Industries International, Inc. will be hosting a conference call at 8:30 AM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.supind.com

Superior Industries International, Inc. designs, manufactures, and sells aluminum wheels to the original equipment manufacturers in North America and Europe. It supplies cast aluminum wheels to the automobile and light truck manufacturers.