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

Stoneridge

02/05/2023 03:08

* Stoneridge Inc  SRI.N   SRI  is expected to show a rise in
quarterly revenue when it reports  results on May 3. 
    * The Novi Michigan-based  company is expected to report  a
1.8% increase in revenue to $225 million from $221.06 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stoneridge Inc is
for a
loss of 30 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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
$25.5​, above​ its last closing price of $18.88. ​​​

This summary was machine generated May 2 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated