- Superior Plus reported a loss per share of 47 cents, compared to an estimated loss of 21 cents. Last year, the loss per share was 27 cents.
- The company’s adjusted EBITDA stood at $7.6 million, marking a 56% decrease year-over-year. Analysts had estimated it to be $18.1 million.
- Revenue was reported at $338 million, showing a 6% decrease from last year, against an expected $398 million.
- The company maintains its capital expenditure forecast at around $150 million, higher than the estimated $102.9 million.
- Management commented on the ongoing challenges in the oil and gas sector affecting short-term results but emphasized a focus on cost management and capital allocation to drive long-term growth.
- There are currently 8 buy ratings, 2 hold ratings, and no sell ratings on the stock.
A look at Superior Plus Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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 that distributes propane, supplies chemicals and technology, produces potassium products, distributes wall and ceiling construction products, and offers fixed-price natural gas supply services, has been given varied Smart Scores across different factors. With a strong score of 5 in Growth, Superior Plus is viewed favorably in terms of its potential for expansion and development within its industry. This indicates that the company is well-positioned for future growth opportunities that investors may find appealing.
Although Superior Plus received a Value score of 4, suggesting it offers good value based on certain metrics, its Dividend, Resilience, and Momentum scores sit at 3. While these scores aren’t as high as the Growth score, they still indicate a moderate performance in terms of dividend payouts, ability to withstand economic challenges, and overall market momentum, providing a more nuanced picture of the company’s long-term outlook.
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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