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SP Plus Corp - SP STOCK NEWS

Welcome to our dedicated news page for SP Plus (Ticker: SP), a resource for investors and traders seeking the latest updates and insights on SP Plus.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SP Plus's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SP Plus's position in the market.

News
SP Plus Corporation Awarded Five-Year Contract at San Francisco International Airport
Rhea-AI Summary
SP+ Corporation (SP) has secured a five-year contract for ground transportation management, parking, and concierge/ambassador services at San Francisco International Airport (SFO) in California. SFO, the second-busiest airport in California, is estimated to welcome 46 million passengers in 2023. SP+ will provide a range of services at SFO, including parking management, reservations, and revenue management through its AeroParker branded e-commerce platform. The company operates under a Joint Venture agreement with a local firm, SF Parking, LLC, and has a strong presence in the aviation industry, with dedicated services at more than 70 U.S. airports. SP+ has been recognized for its diversity and inclusion efforts within its corporate procurement and employment structure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
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none
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News
SP Plus Corporation Announces Third Quarter 2023 Results
Rhea-AI Summary
SP Plus Corporation announces record gross profit in Q3 2023, with double-digit growth in both Commercial and Aviation segments. They added 108 net new locations and maintained a high location retention rate of 94%. The acquisition by Metropolis Technologies, Inc. is expected to close in 2024. Technology solutions continue to gain traction with clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
earnings
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News
SP Plus Corporation to Release Third Quarter 2023 Results on November 1, 2023
Rhea-AI Summary
SP Plus Corporation expects to release Q3 2023 earnings on November 1, 2023, after the market close. The company will not host an earnings conference call due to the pending acquisition by Metropolis Technologies, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
earnings
News
SP Plus Corporation Launches its AeroParker Online Booking Reservation System at Airports in Illinois, Kentucky, South Dakota, and Texas
Rhea-AI Summary
SP+ Corporation announces the expansion of its online reservation system technology, AeroParker, to three additional airports and a valet parking operation in Texas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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none
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News
Lifshitz Law PLLC Announces Investigations of SLGC, ORTX, SP
Rhea-AI Summary
Lifshitz Law PLLC announces investigations of SLGC, ORTX, SP
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
Metropolis Technologies, Inc. to Acquire SP Plus Corporation for $1.5 Billion
Rhea-AI Summary
Metropolis Technologies to acquire SP Plus Corporation for $54.00 per share in cash, representing a 52% premium to the closing stock price on October 4, 2023 and a 28% premium to the 52-week high.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
44.65%
Tags
acquisition
News
SP Plus Corporation Announces Five-Year Parking and Shuttle Operations Contract at Eppley Airport in Omaha
Rhea-AI Summary
SP+ Corporation announces five-year contract for management of parking facilities and shuttle service at Eppley Airport
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
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none
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News
SP Plus Corporation Launches its Bags® Branded Remote Airline Check-in at Charleston International Airport
Rhea-AI Summary
SP+ Corporation announces remote airline check-in now available at Charleston International Airport through its subsidiary Bags. Bags' technology streamlines the departure process by allowing passengers to check-in, receive their boarding pass, and check their luggage at the curb without standing in line at the ticket counters. The service has exceeded projections by more than two times.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
none
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News
SP Plus Corporation Deploys its Sphere® Suite of Technology at Baltimore Peninsula
Rhea-AI Summary
SP+ Corporation announces a five-year contract for its Sphere technology at Baltimore Peninsula, a redevelopment project in Baltimore. The project includes a 1,200-space garage equipped with SP+ proprietary Sphere Commerce On Demand Platform and license plate recognition technology. SP+ has initiated paid parking and enforcement for street spaces and plans to add 750 parking spaces later this fall. The partnership aims to solidify SP+ as a market leader in technology and management services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
none
News
SP Plus Corporation Announces Second Quarter 2023 Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.91%
Tags
earnings
Stock SP logo
SP Plus Corp

Nasdaq:SP

SP Rankings

#2397 Ranked by Market Cap
#594 Ranked by Stock Gains
N/A Ranked by Dividends

SP Stock Data

1.03B
17.47M
3.02%
95.46%
6.58%
Parking Lots and Garages
Other Services (except Public Administration)
Link
US
Chicago

About SP

as an industry leader, sp plus corporation (nasdaq:sp) provides professional parking, ground transportation, facility maintenance, security and event logistics services to property owners and managers in a wide array of markets. through our sp+ parking, standard parking and central parking brands, we currently operate thousands of parking facilities containing over two million parking spaces in hundreds of cities across the united states and canada.