Stoneridge Inc expected to post a loss of 24  cents a share - Earnings Preview

Stoneridge

25/02/2022 23:13

* Stoneridge Inc  SRI.N   SRI  is expected to show a fall in
quarterly revenue when it reports  results on February 28. 
    * The Novi Michigan-based  company is expected to report  a
5.1% decrease in revenue to $180.035 million from $189.73
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stoneridge Inc is
for a
loss of 24 cents per share. For the same quarter last year, the
company reported earnings of 14 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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
$26​, about 34.1% above​ its last closing price of $17.14. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -0.30       -0.30      -0.27     Beat    10
 Jun. 30 2021  0.00        0.00       -0.14     Missed  
 Mar. 31 2021  -0.04       -0.03      0.06      Beat    280​
 Dec. 31 2020  0.01        0.02       0.14      Beat    600
 ​​Sep.        -0.14       -0.15      0.18      Beat    220
 30 2020                                                
 Jun. 30 2020  -0.66       -0.66      -0.55     Beat    16.2​
 Mar. 31 2020  0.17        0.19       0.20      Beat    5.3
 Dec. 31 2019  0.34        0.35       0.30      Missed  -14.8
 This summary was machine generated February 25 at 23:13 GMT. 
All figures in US dollars  unless otherwise stated