Stoneridge Inc SRI.N reported a quarterly adjusted loss of 26 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -22 cents. The lone analyst forecast for the quarter was for a loss of 17 cents per share.
Revenue fell 8.9% to $217.89 million from a year ago; analysts expected $209.60 million.
Stoneridge Inc's reported EPS for the quarter was a loss of 26 cents.
The company reported a quarterly loss of $7.2 million.
Stoneridge Inc shares had fallen by 14.2% this quarter and lost 37.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 248% 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 April 30 at 11:30 p.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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Mar. 31 2025 | -0.17 | -0.26 | Missed |
Dec. 31 2024 | -0.04 | -0.18 | Missed |
Sep. 30 2024 | 0.08 | -0.24 | Missed |
Jun. 30 2024 | -0.02 | 0.17 | Beat |
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