Stoneridge Inc expected to post a loss of 30 cents a share - Earnings Preview

Stoneridge

26/10/2021 01:04

* Stoneridge Inc  SRI.N   SRI  is expected to show a rise in
quarterly revenue when it reports results on October 27. 
* The Novi, Michigan-based company is expected to report  a
2.4% increase in revenue to $180.027 million from $175.76
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 30 cents per share. For the same quarter last year, the
company reported earnings of 18 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." 
​
* Wall Street's median 12-month price target for Stoneridge Inc
is $27​, about 20.7% above​ its last closing price
of $21.42. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  -0.14       -0.15      0.18      Beat    220
 Jun.          -0.66​      -0.66      -0.55     Beat    16.2​
 30​ 2020​                                              
 Mar. 31 2020  0.17        0.19       0.20      Beat    5.3​
 Dec. 31 2019  0.34        0.35       0.30      Missed  -14.8
 Sep. 30 2019  0.37        0.37       0.37      Met     -1.1
 This summary was machine generated October 26 at 00:04 GMT.  All
figures in US dollars unless otherwise stated