Superior Group of Companies, Inc. (NASDAQ:SGC) is reporting third quarter financial results on Thursday 29th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, SGC is expected to report 3Q20 income of $ 0.30 per share from revenue of $ 107.37 million.
For the full year, analysts anticipate top line of $ 472.15 million, while looking forward to income of $ 1.82 per share bottom line.
Previous Quarter Performance
Superior Group of Companies, Inc. recorded income for the second quarter of $ 1.00 per share, from the revenue of $ 159.36 million. The quarterly earnings expanded 455.56 percent while revenues up 81.50 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.24 per share from $ 104.13 million in revenue. The bottom line results beat street analysts by $ 0.76 or 316.67 percent, at the same time, top line results outshined analysts by $ 55.23 million or 53.04 percent.
Stock Performance
Shares of Superior Group of Companies, Inc. traded low $ -0.88 or -3.62 percent on Wednesday, reaching $ 23.45 with volume of 50.00 thousand shares. Superior Group of Companies, Inc. has traded high as $ 24.24 and has cracked $ 23.06 on the downward trend
According to the previous trading day, closing price of $ 23.45, representing a 298.85 % increase from the 52 week low of $ 6.10 and a 14.87 % decrease over the 52 week high of $ 28.58.
The company has a market capital of $ 359.35 million and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.
Conference Call
Superior Group of Companies, Inc. will be hosting a conference call at 2:00 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website superiorgroupofcompanies.com
Superior Group of Companies, Inc. manufactures and sells apparel and accessories in the United States and internationally. It operates through three segments: Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products.
