Superior Industries: 3Q Earnings Snapshot
SOUTHFIELD, Mich. (AP) _ Superior Industries International Inc. (SUP) on Friday reported a loss of $700,000 in its third quarter.
The Southfield, Michigan-based company said it had a loss of 37 cents per share. Losses, adjusted for costs related to mergers and acquisitions, came to 29 cents per share.
The maker of aluminum wheels for the auto industry posted revenue of $347.6 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $346.5 million.
Superior Industries expects full-year revenue in the range of $1.48 billion to $1.51 billion.
Superior Industries shares have declined 34 percent since the beginning of the year. The stock has declined 33 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SUP at https://www.zacks.com/ap/SUP