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

Stoneridge

02/11/2022 22:06

* Stoneridge Inc  SRI.N  reported quarterly adjusted
earnings of 4
cents​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for a loss of 2
cents per share.
    * Revenue rose 24.8% to $226.76 million from a year ago;
analysts
expected $198.92 million. 
    * Stoneridge Inc's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 123.8% 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 risen by 22.4% this quarter and
gained 5.1% so far this year.
    * The company reported quarterly net income of $731
thousand.
    * Wall Street's median 12-month price target for Stoneridge
Inc is
$23.50 
    * 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 from Refinitiv data November
2 at 10:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.02          0.04           Beat
 Jun. 30 2022      -0.21          -0.29          Missed
 Mar. 31 2022      -0.34          -0.27          Beat
 Dec. 31 2021      -0.24          -0.24          Met