Stoneridge Inc expected to post a loss of 17 cents a share - Earnings Preview

Stoneridge

28/04/2025 21:10

Stoneridge Inc SRI.N, SRI is expected to show a fall in quarterly revenue when it reports  results on April 30 for the period ending March 31 2025

The Novi Michigan-based  company is expected to report a 12.4% decrease in revenue to $209.6 million from $239.16 million a year ago, according to the estimate from one analyst, based on LSEG data.The company's guidance on February 27 2025, for the period ended March 31, was for revenue between $213.88 million and $218.25 million.

​LSEG's mean analyst estimate for Stoneridge Inc is for a loss of 17 cents per share.

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Stoneridge Inc is $14.00​, above​ its last closing price of $3.94. ​​​

This summary was machine generated April 28 at 20:10 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)