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SRI Stoneridge News Story

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

* Stoneridge Inc  SRI.N  reported quarterly adjusted earnings of
6 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 3 cents per share.
* Revenue rose 5.9% to $193.80 million from a year ago​; 
analysts expected $176.82 million.
* Stoneridge Inc's reported EPS for the quarter was breakeven
results​.
* The mean earnings estimate of analysts had fallen by
about 137% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Stoneridge Inc shares had risen by 5.4% this quarter and
gained 10.9% so far this year.
* The company reported quarterly net income of $130 thousand.
* Wall Street's median 12-month price target for Stoneridge Inc
is $41.50 
* 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 April 29 at 02:12 a.m. GMT.
​All figures in US Dollars.​

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