The 3rd quarter (3Q) has historically been a weak quarter, as a majority of the company’s business activity is seasonal in nature. However, Superior Plus (TSX:SPB) managed to report a strong Q3 with adjusted EBITDA of $48 million, well above the street’s consensus estimate of $35 million.
Issue 46 – Superior Surprises to The Upside
The 3rd quarter (3Q) has historically been a weak quarter, as a majority of the company’s business activity is seasonal in nature. However, Superior Plus (TSX:SPB) managed to report a strong Q3 with adjusted EBITDA of $48 million, well above the street’s consensus estimate of $35 million.
Disclaimer: Palos Funds are shareholders of SPB.
By Charles Marleau, CIM
Continue Reading in PDF
By Charles Marleau, CIM
Click to Read Macro View
By Hubert Marleau
Click to Read Options Corner
By Robert Mendel
Click to Read Palos-Mitchell Report
By William Mitchell