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Superior Industries withdraws 2025 outlook
Due to the uncertainties related to the current macroeconomic environment as well as the lost volume from certain customers, Superior is withdrawing its 2025 fiscal year outlook.
Superior Industries reports Q1 EPS (92c) vs ($1.52) last year
Reports Q1 revenue $321.6M vs $316.3M last year. "Despite a challenging macro environment, our value-added sales outperformed the market driven by our leading portfolio of products. As the broader industry trends towards supply chain localization, global tariff dynamics have exacerbated the urgency from OEMs to localize production in region and seek more cost-effective manufacturing partners in both North America and Europe. More than ever, our competitively advantaged local for local manufacturing footprint in Mexico and Poland is creating opportunity." commented Majdi Abulaban, President and Chief Executive Officer of Superior.
Superior Industries reports Q4 EPS (75c), consensus (60c)
Reports Q4 revenue $310.3M, consensus $300.28M. "The Superior team demonstrated remarkable discipline in 2024 amidst a challenging operating environment. Despite industry declines, we maintained our margins and outperformed the industry. During the year, we achieved critical milestones in our Company's transformation. We successfully executed on our global overhead reduction initiative and completed our European transformation, a strategic move that strengthens our competitive position and significantly enhances our profitability. Additionally, we successfully attracted $520 million in capital and refinanced all our debt, fortifying our balance sheet and capital structure," commented Majdi Abulaban, president and CEO of Superior.
Superior Industries sees FY24 revenue $1.25B - $1.33B, consensus $1.38B
Sees FY24 adjusted EBITDA $146 - $154M...
Superior Industries reports Q3 EPS ($1.24), consensus (15c)
Reports Q4 revenue $321.8M , consensus $337.32M.Adjusted EBITDA, a Non-GAAP financial measure, was $41 million, or 24% of Value-Added Sales, in the third quarter of 2024, which compares to $39 million, or 22% of Value-Added Sales, in the prior year period. The increase in Adjusted EBITDA was primarily due to slightly favorable conversion costs
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