Issue 46 – Superior Surprises to The Upside


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

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By Charles Marleau, CIM

 

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