Superior Group Stock Drops 3.5% Before March 3 Earnings Release
Superior Group shares fell 3.53% to $10.10 on February 23, underperforming the S&P 500's 1.04% decline and reversing a recent 7.38% gain. The company is set to report March 3 earnings, with EPS expectations of $0.20 (up 53.9% YoY) on $144.32 million revenue (down 0.8%).
1. Daily Stock Performance
Superior Group shares declined 3.53% to $10.10 on February 23, trailing the S&P 500's 1.04% drop and reversing a prior 7.38% gain. The uniform manufacturer underperformed the Dow's 1.66% and Nasdaq's 1.13% declines.
2. Upcoming Earnings Expectations
Investors await the March 3 earnings report, with EPS projected at $0.20, up 53.85% year over year, and revenue forecast at $144.32 million, down 0.75% from the same quarter last year. Full-year estimates call for $0.43 EPS on $563.93 million revenue.
3. Valuation Metrics
Superior Group trades at a forward P/E of 13.78, below the industry average of 18.99, and holds a PEG ratio of 1.38 against the sector’s 2.31. The Textile - Apparel industry ranks in the top 27% of over 250 groups, reflecting moderate growth expectations.