Stoneridge Inc expected to post earnings of 8 cents a share - Earnings Preview

Stoneridge

29/10/2024 02:51

* Stoneridge Inc  SRI.N   SRI  is expected to show a fall in
quarterly revenue when it reports  results on October 30 for the
period ending September 30 2024
    * The Novi Michigan-based  company is expected to report a
3.6% decrease in revenue to $229.642 million from $238.16
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Stoneridge Inc is for
earnings
of 8 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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
24.25​, above​ its last closing price of $9.61. ​​​

This summary was machine generated October 29 at 02:51 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)