- Superior Plus reported second-quarter revenue of $423.2 million, a slight increase from the previous year’s $422.9 million, but below the estimated $473.9 million.
- The company’s adjusted EBITDA for the quarter was $33.5 million, reflecting a 23% decline from the previous year, and falling short of the estimated $46.1 million.
- Despite the challenges, Superior Plus reaffirmed its guidance and maintained its expectation of an approximate 8% growth rate in full-year adjusted EBITDA.
- The second-quarter performance was notably affected by a wholesale supply disruption, attributed to a temporary plant shutdown in California.
- The company reported a second-quarter adjusted net loss per share of 25 cents, compared to a net loss per share of 23 cents in the prior year.
- Analysts’ ratings include 8 buy recommendations, 2 hold, and no sell recommendations.
A look at Superior Plus Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Superior Plus Corporation, a company distributing propane, chemicals, and technology, alongside producing potassium products, holds a promising long-term outlook. Based on the Smartkarma Smart Scores, Superior Plus scores highly in Growth and Value, indicating strong potential in these areas. With a score of 5 in Growth, the company is poised for expansion and development, while a Value score of 4 reflects its solid financial health and attractive valuation. Additionally, Superior Plus maintains a Dividend score of 4, offering investors an income stream. Although scoring slightly lower in Resilience and Momentum, the company’s overall outlook appears optimistic, supported by its diverse range of offerings.
Superior Plus Corporation’s Smartkarma Smart Scores highlight its favorable positioning for long-term success. The company’s ability to adapt and grow, as indicated by the high Growth score of 5, showcases its potential for future profitability and expansion. Furthermore, its strong Value score of 4 suggests that it presents a sound investment opportunity based on its current financial standing. While Resilience and Momentum scores are slightly lower, Superior Plus‘ diverse business segments, including propane distribution, chemicals supply, and natural gas services, underline its versatility and ongoing relevance in the market. Overall, Superior Plus demonstrates solid fundamentals and potential for sustained growth.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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