SP Stock Recent News

SP Plus, a company that provides parking meter collection and other parking enforcement services, has seen strong growth in sales but a struggling stock price. Despite recent weakness in net income and operating cash flow, management forecasts significant growth in earnings per share and EBITDA for the 2023 fiscal year. The company's shares appear undervalued, and the author maintains a "buy" rating due to the positive outlook and attractive valuation.

SP Plus (SP) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

SP Plus Corporation (NASDAQ:SP ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Kris Roy - Chief Financial Officer Marc Baumann - Chairman and Chief Executive Officer Conference Call Participants Tim Mulrooney - William Blair Daniel Moore - CJS Securities Kevin Steinke - Barrington Research Associates Marc Riddick - Sidoti Operator Good day, and thank you for standing by. Welcome to the Q1 2023 SP Plus Corporation Earnings Conference Call.

The demand for parking garages has yet to recover post-pandemic, so the $8 billion parking industry is finding ways to evolve.

CHICAGO, April 18, 2023 (GLOBE NEWSWIRE) -- SP Plus Corporation (NASDAQ: SP) today announced that it expects to release first quarter 2023 earnings on Wednesday, May 3, 2023, after the close of market. Later that same day, the Company will host a conference call at 4:00 PM (Central Time) that can be accessed via webcast at http://ir.spplus.com.

SP Plus Corporation (NASDAQ:SP ) Q4 2022 Earnings Conference Call February 22, 2023 5:00 PM ET Company Participants Kris Roy - Chief Financial Officer Marc Baumann - Chairman and CEO Conference Call Participants Tim Mulrooney - William Blair Kevin Steinke - Barrington Marc Riddick - Sidoti Operator Thank you for standing by. And welcome to the Q4 2022 SP Plus Corporation Earnings Conference Call.

SP Plus (SP) delivered earnings and revenue surprises of -23.29% and 0.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

CHICAGO, Feb. 01, 2023 (GLOBE NEWSWIRE) -- SP Plus Corporation (NASDAQ: SP) today announced that it expects to release fourth quarter and full-year 2022 earnings on Wednesday, February 22, 2023, after the close of market. Later that same day, the Company will host a conference call at 4:00 PM (Central Time) that can be accessed via webcast at http://ir.spplus.com.

SP Plus continues to post strong growth when it comes to sales, profits, and cash flows. Even so, shares of the business have languished, likely because of broader economic concerns.

SP Plus Corporation (NASDAQ:SP ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Marc Baumann - Chairman and Chief Executive Officer Kristopher Roy - Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities Tim Mulrooney - William Blair Marc Riddick - Sidoti Operator Good day, and thank you for standing by. Welcome to the Q3 2022 SP Plus Corporation Earnings Conference Call.