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SP Plus: 1Q Earnings Snapshot

CHICAGO (AP) _ SP Plus Corp. (SP) on Wednesday reported first-quarter profit of $10.6 million.

The Chicago-based company said it had profit of 47 cents per share. Earnings, adjusted for non-recurring costs, came to 60 cents per share.

The parking facility management company posted revenue of $409.4 million in the period.

SP Plus expects full-year earnings in the range of $2.56 to $2.66 per share.

SP Plus shares have increased 14% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $33.79, a fall of 6% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SP at https://www.zacks.com/ap/SP