Superior Industries International Inc. said its normalized net income for the fiscal fourth quarter ended Dec. 27, 2015, was 49 cents per share, compared with the S&P Capital IQ consensus estimate of 34 cents per share.
EPS climbed year over year from 20 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $12.9 million, a gain from $5.4 million in the year-earlier period.
The normalized profit margin increased to 6.6% from 2.9% in the year-earlier period.
Total revenue grew year over year to $194.6 million from $186.7 million, and total operating expenses fell from the prior-year period to $173.8 million from $177.9 million.
Reported net income grew year over year to $8.2 million, or 31 cents per share, from $1.6 million, or 5 cents per share.
For the year, the company's normalized net income totaled $1.11 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 99 cents.
EPS rose 72.1% from 65 cents in the prior year.
Normalized net income was $29.6 million, a rise of 69.6% from $17.5 million in the prior year.
Full-year total revenue declined from the prior-year period to $727.9 million from $745.4 million, and total operating expenses declined 5.3% year over year to $679.6 million from $717.8 million.
The company said reported net income rose year over year to $24.0 million, or 90 cents per share, in the full year, from $8.9 million, or 33 cents per share.