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

Stoneridge

03/05/2023 23:40

* Stoneridge Inc  SRI.N  reported a quarterly adjusted loss
of 25
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 30
cents per share.
    * Revenue rose 9.2% to $241.33 million from a year ago;
analysts
expected $225.00 million. 
    * Stoneridge Inc's reported EPS for the quarter was a loss
of 27
cents​.
    * The mean earnings estimate of analysts had fallen by
about 600%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Stoneridge Inc shares had risen by 1.6% this quarter and
lost 11.9% so far this year.
    * The company reported a quarterly loss of $7.39 million.
    * Wall Street's median 12-month price target for Stoneridge
Inc is
$24.00 
    * 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 LSEG Refinitiv data May
3 at 10:39 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.30          -0.25          Beat
 Dec. 31 2022      0.18           0.01           Missed
 Sep. 30 2022      -0.02          0.04           Beat
 Jun. 30 2022      -0.21          -0.29          Missed