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Bullboard - Stock Discussion Forum Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S... see more

TSX:SPB - Post Discussion

Superior Plus Corp > Not huge but looks Like a beat on many metrics
View:
Post by cttglvr on May 14, 2024 6:02pm

Not huge but looks Like a beat on many metrics

Once I realized the SPB numbers were now being reported in USD I felt better.

RBC earnings est .387 cents CDN. Actual .30 cents USD or .41 cents CDN

RBC EBITA 313 million CDN. Actual 241.1 million USD or 329.1 million CDN

Debt ration moving the right way. 3.8 from 3.9. Target 3.0

Propane growth up 1% even with the above average temperatures this winter. Imagine earnings next winter even with an average temperature season.

I'm not any kind of analyst but the above were my takeaways. Hopefully I'm right and we get a bit of a move up tomorrow unless I'm missing something.
Comment by ol_griz on May 15, 2024 9:35am
It's a solid result.  They reported it.  Look!  Lots of numbers are smaller than the old numbers! Down she goes - at least this morning. 
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