SP Plus: 2Q Earnings Snapshot
CHICAGO (AP) _ SP Plus Corp. (SP) on Wednesday reported second-quarter profit of $15.2 million.
The Chicago-based company said it had profit of 68 cents per share. Earnings, adjusted for non-recurring costs, were 81 cents per share.
The parking facility management company posted revenue of $414.2 million in the period.
SP Plus expects full-year earnings in the range of $2.61 to $2.71 per share.
SP Plus shares have climbed 17% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $34.53, a decrease of 11% in the last 12 months.