Stoneridge Inc expected to post earnings of 10 cents a share - Earnings Preview

Stoneridge

26/02/2024 22:56

* Stoneridge Inc  SRI.N   SRI  is expected to show a rise in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The Novi Michigan-based  company is expected to report a
0.8% increase in revenue to $233.1 million from $231.17 million
a year ago, according to the estimate from one analyst, based on
LSEG data.The company's guidance on November 2 2023, for the
period ended December 31, was for revenue of $238.000
million. (Sales is on total rev basis)
    * ​LSEG's mean analyst estimate for Stoneridge Inc is for
earnings
of 10 cents per share. The company's EPS guidance on November 2
2023, for the period ended December 31, was about USD0.15
    * 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
$28.00​, above​ its last closing price of $18.42. ​​​

This summary was machine generated February 26 at 22:56 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)