Superior Plus Corp reports results for the quarter ended June 30 - Earnings Summary

• Superior Plus Corp SPB.TO reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of six analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -16 cents to -10 cents per share.

• Revenue rose 61.1% to $423.20 million from a year ago; analysts expected $495.50 million.

• Superior Plus Corp's reported EPS for the quarter was a loss of 9 cents​.

• The company reported a quarterly loss of $19.4 million.

• Superior Plus Corp shares had fallen by 13.7% this quarter and gained 7.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.8% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 2 "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$10.25, about 33.4% above its last closing price of C$6.83

This summary was machine generated from LSEG data August 12 at 09:49 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)