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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 a quarterly adjusted loss
of 27
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 34
cents per share.
    * Revenue rose 14.1% to $221.06 million from a year ago; 
analysts
expected $194.78 million. 
    * Stoneridge Inc's reported EPS for the quarter was a loss
of 28
cents​.
    * The mean earnings estimate of analysts had fallen by
about 155%
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 6.1% this quarter and
lost 1.2% so far this year.
    * The company reported a quarterly loss of $7.7 million.
    * Wall Street's median 12-month price target for Stoneridge
Inc is
$25.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 5 at 07:03 a.m.  ​All
figures in US dollars unless otherwise stated

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