Stoneridge Inc expected to post breakeven results a share - Earnings Preview

Stoneridge

03/08/2021 19:29

* Stoneridge Inc  SRI.N   SRI  is expected to show a rise in
quarterly revenue when it reports results on August 5. 
* The Novi, Michigan-based company is expected to report   a
86.8% increase in revenue to $185.912 million from $99.55
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
breakeven results per share. For the same quarter last year, the
company reported a loss of 55 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "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 $40.5​, about 29.6% above​ its last closing price
of $28.51. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             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. 30 2020  -0.66       -0.66      -0.55     Beat    16.2
 Mar.          0.17​       0.19       0.20      Beat    5.3​
 31​ 2020​                                              
 Dec. 31 2019  0.34        0.35       0.30      Missed  -14.8​
 Sep. 30 2019  0.37        0.37       0.37      Met     -1.1
 Jun. 30 2019  0.26        0.26       0.36      Beat    38.5
 This summary was machine generated August 3 at 18:29 GMT.  All
figures in US dollars unless otherwise stated