Superior Plus Future Growth

Future criteria checks 4/6

Superior Plus is forecast to grow earnings and revenue by 49.5% and 10.1% per annum respectively. EPS is expected to grow by 54.4% per annum. Return on equity is forecast to be 11.3% in 3 years.

Key information

49.5%

Earnings growth rate

54.4%

EPS growth rate

Gas Utilities earnings growth	14.1%
Revenue growth rate	10.1%
Future return on equity	11.3%
Analyst coverage	Good
Last updated	25 Apr 2024

Recent future growth updates

No updates

Recent updates

Industry Analysts Just Upgraded Their Superior Plus Corp. (TSE:SPB) Revenue Forecasts By 15%

May 12

Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06

May 10

Superior Plus (TSE:SPB) Has Re-Affirmed Its Dividend Of CA$0.06

Apr 14

Superior Plus (TSE:SPB) Has Re-Affirmed Its Dividend Of CA$0.06

Mar 17

Earnings and Revenue Growth Forecasts

TSX:SPB - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	4,128	163	313	561	6
12/31/2024	3,977	123	170	507	6
12/31/2023	3,354	52	350	550	N/A
9/30/2023	3,438	37	399	548	N/A
6/30/2023	3,418	-62	349	484	N/A
3/31/2023	3,465	-107	345	477	N/A
12/31/2022	3,380	-112	131	249	N/A
9/30/2022	3,134	-151	93	219	N/A
6/30/2022	2,987	20	114	227	N/A
3/31/2022	2,724	66	130	228	N/A
12/31/2021	2,393	-7	127	232	N/A
9/30/2021	2,130	57	184	297	N/A
6/30/2021	2,024	68	222	317	N/A
3/31/2021	1,964	113	291	402	N/A
12/31/2020	1,807	51	244	360	N/A
9/30/2020	2,066	44	292	398	N/A
6/30/2020	2,259	16	272	420	N/A
3/31/2020	2,500	-13	249	396	N/A
12/31/2019	2,853	143	287	423	N/A
9/30/2019	2,930	20	220	357	N/A
6/30/2019	2,962	39	185	301	N/A
3/31/2019	2,899	78	202	315	N/A
12/31/2018	2,738	-34	157	263	N/A
9/30/2018	2,609	60	196	281	N/A
6/30/2018	2,592	-25	207	292	N/A
3/31/2018	2,584	-36	83	160	N/A
12/31/2017	2,385	-28	106	183	N/A
9/30/2017	2,199	-96	N/A	137	N/A
6/30/2017	2,163	82	N/A	170	N/A
3/31/2017	2,136	68	N/A	144	N/A
12/31/2016	2,024	114	N/A	147	N/A
9/30/2016	1,987	157	N/A	153	N/A
6/30/2016	2,030	56	N/A	213	N/A
3/31/2016	1,841	100	N/A	236	N/A
12/31/2015	2,253	-9	N/A	261	N/A
9/30/2015	2,664	14	N/A	272	N/A
6/30/2015	3,033	20	N/A	248	N/A
3/31/2015	3,670	-2	N/A	304	N/A
12/31/2014	3,976	57	N/A	238	N/A
9/30/2014	4,054	25	N/A	181	N/A
6/30/2014	4,026	103	N/A	164	N/A
3/31/2014	4,209	91	N/A	141	N/A
12/31/2013	3,753	53	N/A	185	N/A
9/30/2013	3,652	55	N/A	205	N/A
6/30/2013	3,628	55	N/A	201	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SPB's forecast earnings growth (49.5% per year) is above the savings rate (2.1%).

Earnings vs Market: SPB's earnings (49.5% per year) are forecast to grow faster than the Canadian market (12.2% per year).

High Growth Earnings: SPB's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SPB's revenue (10.1% per year) is forecast to grow faster than the Canadian market (6.4% per year).

High Growth Revenue: SPB's revenue (10.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SPB's Return on Equity is forecast to be low in 3 years time (11.3%).

Superior Plus Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Recent updates

Superior Plus Corp. to Report Q1, 2024 Results on May 14, 2024

Upcoming dividend of CA$0.18 per share

CEO, President & Director recently bought CA$501k worth of stock

New minor risk - Earnings quality

Dividend of CA$0.18 announced

Superior Plus Corp., Annual General Meeting, May 14, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Superior Plus Declares 2024 First Quarter Dividend, Payable on April 15, 2024

Superior Plus Corp. to Report Q4, 2023 Results on Feb 21, 2024

Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues

Is Superior Plus (TSE:SPB) Using Too Much Debt?

Upcoming dividend of CA$0.18 per share at 7.5% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Superior Plus Corp. Approves Quarterly Dividend, Payable on January 15, 2024

Superior Plus Corp. to Report Q3, 2023 Results on Nov 07, 2023

Upcoming dividend of CA$0.18 per share at 6.7% yield

Independent Director recently bought CA$694k worth of stock

Superior Plus Corp. Announces Chief Financial Officer Changes

Superior Plus Corp. Announces Appointment of Jennifer Grigsby to Board of Directors, Member of the Audit Committee and the Health, Safety and Environment Committee

New major risk - Revenue and earnings growth

Superior Plus Corp. Declares Third Quarter Dividend, Payable on October 16, 2023

Are Investors Undervaluing Superior Plus Corp. (TSE:SPB) By 43%?

Second quarter 2023 earnings released: CA$0.21 loss per share (vs CA$0.46 loss in 2Q 2022)

CEO, President & Director recently bought CA$939k worth of stock

Superior Plus (TSE:SPB) Has A Somewhat Strained Balance Sheet

Upcoming dividend of CA$0.18 per share at 7.6% yield

New minor risk - Shareholder dilution

Executive VP & CFO recently bought CA$50k worth of stock

Superior Plus Corp. (TSX:SPB) completed the acquisition of Certarus ltd.

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of CA$0.06 per share at 6.6% yield

Superior Plus' (TSE:SPB) Dividend Will Be CA$0.06

Insider recently bought CA$82k worth of stock

Upcoming dividend of CA$0.06 per share at 6.8% yield

Superior Plus Corp. (TSX:SPB) acquired Acme Propane Gas Co., Inc for $3.3 million.

Full year 2022 earnings: EPS and revenues miss analyst expectations

Superior Plus Corp. Announces Management Appointments

Superior Plus (TSE:SPB) Is Paying Out A Dividend Of CA$0.06

Superior Plus Corp. Announces Cash Dividend for the Month of February 2023, Payable on March 15, 2023

Upcoming dividend of CA$0.06 per share

Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06

Superior Plus Corp. to Report Q4, 2022 Results on Feb 16, 2023

Superior Plus Corp. Announces Cash Dividend for the Month of January 2023, Payable on February 15, 2023

Superior Plus Corp. Announces Passing of Board Member Mr. Richard Bradeen

Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of CA$0.06

Superior Plus Corp. (TSX:SPB) entered into a definitive arrangement agreement to acquire Certarus ltd. for CAD 1 billion.

Upcoming dividend of CA$0.06 per share

Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06

Superior Plus Corp. Announces Cash Dividend for the Month of December 2022 , Payable on January 16, 2023

Upcoming dividend of CA$0.06 per share

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Superior Plus Corp. Announces Cash Dividend for Month of November 2022, Payable on December 15, 2022

Superior Plus (TSE:SPB) Is Due To Pay A Dividend Of CA$0.06

Upcoming dividend of CA$0.06 per share

Superior Plus Corp. to Report Q3, 2022 Results on Nov 09, 2022

Superior Plus (TSE:SPB) Has Announced A Dividend Of CA$0.06

Superior Plus Corp. Announces October 2022 Cash Dividend, Payable on November 15, 2022

We Think Superior Plus (TSE:SPB) Is Taking Some Risk With Its Debt

Upcoming dividend of CA$0.06 per share

Superior Plus Announces September 2022 Cash Dividend, Payable on October 17, 2022

Upcoming dividend of CA$0.06 per share

Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of CA$0.06

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Superior Plus Corp. Announces August 2022 Cash Dividend, Payable on September 15, 2022

Superior Plus' (TSE:SPB) Dividend Will Be CA$0.06

Upcoming dividend of CA$0.06 per share

Superior Plus (TSE:SPB) Has Re-Affirmed Its Dividend Of CA$0.06

Superior Plus Corp. Announces Cash Dividend for the Month of July 2022, Payable on August 15, 2022

Upcoming dividend of CA$0.06 per share

Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of CA$0.06

Superior Plus Corp. Announces Cash Dividend for the Month of June 2022, Payable on July 15, 2022

Superior Plus Corp. (TSX:SPB) completed the acquisition of the Retail Propane Distribution and Refined Fuels Assets of Quarles Petroleum Inc. for approximately $140 million.

Superior Plus' (TSE:SPB) Dividend Will Be CA$0.06

Upcoming dividend of CA$0.06 per share