Stoneridge Inc expected to post a loss of 4 cents a share - Earnings Preview

Stoneridge

24/02/2025 21:48

* Stoneridge Inc  SRI.N   SRI  is expected to show a fall in
quarterly revenue when it reports  results on February 26 for
the period ending December 31 2024
    * The Novi Michigan-based  company is expected to report a
3.3% decrease in revenue to $222.04 million from $229.52 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 a
loss
of 4 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
$14.00​, above​ its last closing price of $4.22. ​​​

This summary was machine generated February 24 at 21:48 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)