Stoneridge Inc reports results for the quarter ended December 31 - Earnings Summary

• Stoneridge Inc SRI.N reported a quarterly adjusted loss of 18 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 11 cents. The lone analyst forecast for the quarter was for a loss of 4 cents per share.

• Revenue fell 4.9% to $218.25 million from a year ago; analysts expected $222.04 million.

• Stoneridge Inc's reported EPS for the quarter was a loss of 22 cents​.

• The company reported a quarterly loss of $6.1 million.

• Stoneridge Inc shares had fallen by 33.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the auto, truck & motorcycle parts peer group is also "strong buy"

Wall Street's median 12-month price target for Stoneridge Inc is $14.00

This summary was machine generated from LSEG data February 27 at 12:08 a.m. UTC. ​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)