Stoneridge Inc expected to post a loss of 2 cents a share - Earnings Preview

Stoneridge

21/10/2022 12:36

* Stoneridge Inc  SRI.N   SRI  is expected to show a rise in
quarterly revenue when it reports  results on October 25
(estimated). 
    * The Novi Michigan-based  company is expected to report  a
9.5% increase in revenue to $198.923 million from $181.68
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 2 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
$23.5​, above​ its last closing price of $18.25. ​​​

This summary was machine generated October 21 at 11:36 GMT.  All
figures in US dollars  unless otherwise stated