SP Plus (NASDAQ:SP) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
SP Plus beat estimated earnings by 11.54%, reporting an EPS of $0.58 versus an estimate of $0.52.
Revenue was up $31.90 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.18 which was followed by a 8.4% drop in the share price the next day.
Here’s a look at SP Plus’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.74 | 0.78 | 0.67 | 0.44 |
| EPS Actual | 0.56 | 0.80 | 0.81 | 0.60 |
| Revenue Estimate | 197.92M | 203.35M | 169.22M | 153.80M |
| Revenue Actual | 206.40M | 207.10M | 196.50M | 184.40M |
To track all earnings releases for SP Plus visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.