Superior Industries International (NYSE:SUP) Issues Earnings Results, Misses Expectations By $0.39 EPS

Superior Industries International (NYSE:SUP - Get Free Report) posted its quarterly earnings data on Monday. The auto parts company reported ($0.92) earnings per share for the quarter, missing the consensus estimate of ($0.53) by ($0.39), Zacks reports. The firm had revenue of $321.60 million during the quarter, compared to the consensus estimate of $307.74 million.

Superior Industries International Trading Down 26.4%

SUP traded down $0.16 on Wednesday, hitting $0.46. 5,674,396 shares of the stock traded hands, compared to its average volume of 205,567. The business has a fifty day moving average price of $2.21 and a two-hundred day moving average price of $2.18. The firm has a market capitalization of $13.66 million, a PE ratio of -0.12 and a beta of 3.32. Superior Industries International has a 52 week low of $0.45 and a 52 week high of $3.90.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Superior Industries International from a "hold" rating to a "buy" rating in a research report on Tuesday.

About Superior Industries International

Superior Industries International, Inc, together with its subsidiaries, designs, manufactures, and sells aluminum wheels to the original equipment manufacturers and aftermarket distributors in North America and Europe. It offers its products under the ATS, RIAL, ALUTEC, and ANZIO brand names. The company was founded in 1957 and is headquartered in Southfield, Michigan.