Stoneridge Inc expected to post a loss of 34  cents a share - Earnings Preview

Stoneridge

22/04/2022 12:55

* Stoneridge Inc  SRI.N   SRI  is expected to show a rise in
quarterly revenue when it reports  results on May 4. 
    * The Novi Michigan-based  company is expected to report  a
0.5% increase in revenue to $194.782 million from $193.8 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stoneridge Inc is
for a
loss of 34 cents per share. For the same quarter last year, the
company reported earnings of 6 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 $19.95. ​​​

This summary was machine generated April 22 at 11:55 GMT.  All
figures in US dollars  unless otherwise stated