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

Stoneridge

06/08/2021 18:23

* Stoneridge Inc  SRI.N  reported a quarterly adjusted loss
of 14 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for breakeven
results per share.
* Revenue rose 92.2% to $191.33 million from a year ago; 
analysts expected $185.91 million. 
* Stoneridge Inc's reported EPS for the quarter was 72 cents​.
* The mean earnings estimate of analysts had fallen by
about 100% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Stoneridge Inc shares had fallen by 14.6% this quarter and
lost 16.7% so far this year.
* The company reported quarterly net income of $19.8 million.
* Wall Street's median 12-month price target for Stoneridge Inc
is $38.50 
* 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." 
This summary was machine generated August 6 at 05:23 p.m.  ​All
figures in US dollars unless otherwise stated