Superior Plus Corp reports results for the quarter ended March 31 - Earnings Summary

• Superior Plus Corp SPB.TO reported quarterly adjusted earnings of 66 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 22 cents. The mean expectation of six analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 26 cents to 43 cents per share.

• Revenue rose 51.4% to $1.01 billion from a year ago; analysts expected $1.01 billion.

• Superior Plus Corp's reported EPS for the quarter was 54 cents​.

• The company reported quarterly net income of $141.7 million.

• Superior Plus Corp shares had risen by 10.3% this quarter and gained 11.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 24.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the natural gas utilities peer group is also "buy"

• Wall Street's median 12-month price target for Superior Plus Corp is C$9.50

This summary was machine generated from LSEG data May 13 at 10:28 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)