Stoneridge Inc reports results for the quarter ended in December - Earnings Summary

Stoneridge

01/03/2023 23:47

* Stoneridge Inc  SRI.N  reported quarterly adjusted
earnings of 1
cent​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for earnings of
18 cents per share.
    * Revenue rose 13.5% to $231.17 million from a year ago;
analysts
expected $228.60 million. 
    * Stoneridge Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 14.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Stoneridge Inc shares had risen by 10.4% this quarter.
    * Wall Street's median 12-month price target for Stoneridge
Inc is
$26.00 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 11:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.18           0.01           Missed
 Sep. 30 2022      -0.02          0.04           Beat
 Jun. 30 2022      -0.21          -0.29          Missed
 Mar. 31 2022      -0.34          -0.27          Beat