SP Plus: Q1 Earnings Insights

SP Plus (NASDAQ:SP) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM. Here’s what…

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.

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