Stoneridge Inc expected to post a loss of 3  cents a share - Earnings Preview

Stoneridge

27/04/2021 01:15

* Stoneridge Inc  SRI.N   SRI  is expected to show a fall in
quarterly revenue when it reports results on April 28.
* The Novi, Michigan-based company is expected to report  a
3.4% decrease in revenue to $176.819 million from $182.97
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 a
loss of 3 cents per share. For the same quarter last year, the
company reported earnings of 20 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 $41.5​, about 19.8% above​ its last closing price
of $33.29. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.17        0.19       0.20      Beat    5.3
 Dec.          0.34​       0.35       0.30      Missed  -14.8​
 31​ 2019​                                              
 Sep. 30 2019  0.37        0.37       0.37      Met     -1.1​
 Jun. 30 2019  0.26        0.26       0.36      Beat    38.5
 Mar. 31 2019  0.35        0.35       0.44      Beat    25.7
 This summary was machine generated April 27 at 00:15 GMT.  All
figures in US dollars unless otherwise stated