Superior Industries: Q2 Earnings Snapshot

SOUTHFIELD, Mich. (AP) _ Superior Industries International Inc. (SUP) on Wednesday reported second-quarter net income of $1.7 million, after reporting a loss in the same period a year earlier.

The Southfield, Michigan-based company said it had net income of 26 cents per share.

The maker of aluminum wheels for the auto industry posted revenue of $347.5 million in the period.

Superior Industries expects full-year revenue in the range of $1.3 billion to $1.37 billion.

Superior Industries shares have more than doubled since the beginning of the year. The stock has risen fivefold 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

Categories: Business News