Susser Holdings Corporation (NASDAQ:SUSS) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Susser Holdings Corporation Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased to $-0.01 in the quarter versus EPS of $-0.03 in the year-earlier quarter.
Revenue: Rose 5.06% to $1.49 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Susser Holdings Corporation reported adjusted EPS loss of $0.01 per share. By that measure, the company beat the mean analyst estimate of $-0.05. It beat the average revenue estimate of $1.47 billion.
Quoting Management: “We delivered another strong quarter, with solid year-on-year growth in same store merchandise sales, higher fuel volumes and increased fuel margins in both retail and wholesale segments,” said Sam L. Susser, President and Chief Executive Officer.
Key Stats (on next page)…
Revenue increased 6.41% from $1.4 billion in the previous quarter. EPS decreased to $-0.01 in the quarter versus EPS of $0.49 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.85 to a profit $0.90. For the current year, the average estimate has moved up from a profit of $1.75 to a profit of $2.16 over the last ninety days.
Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)