Superior Group Falls as Investors Await Quarterly Results

Superior Group shares fell 2.56% to $12.55 at the latest close, underperforming the S&P 500, Dow and Nasdaq. Those indexes lost 0.77%, 0.67% and 0.92%, respectively.

The stock has gained 5.75% over the past month, according to the article. That compares with an 8.94% decline for the Consumer Discretionary sector and a 0.96% rise for the S&P 500.

Ahead of the company’s upcoming earnings disclosure, Zacks consensus estimates put quarterly earnings at $0.18 per share, unchanged from the same quarter last year. Revenue is estimated at $143.53 million, up 3.65% from a year earlier.

For the full fiscal year, the consensus estimates call for earnings of $0.64 per share and revenue of $583.79 million. Those figures would represent increases of 39.13% and 3.11%, respectively, from the prior year.

Superior Group’s forward price-to-earnings ratio is 20.13, compared with an industry average of 15.38, according to the article. Its consensus earnings-per-share estimate was unchanged over the prior 30 days.