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Stoneridge (NYSE:SRI – Get Rating) updated its FY23 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of ($0.10)-$0.10 for the period, compared to the consensus estimate of ($0.23). The company issued revenue guidance of $960-$990 million, compared to the consensus revenue estimate of $957.49 million. Stoneridge also updated its FY 2023 […]
Stoneridge (NYSE:SRI – Get Rating) released its earnings results on Wednesday. The auto parts company reported ($0.25) EPS for the quarter, topping analysts’ consensus estimates of ($0.30) by $0.05, Briefing.com reports. Stoneridge had a negative return on equity of 3.91% and a negative net margin of 1.49%. The company had revenue of $241.30 million for […]
Cooke & Bieler LP decreased its position in shares of Stoneridge, Inc. (NYSE:SRI – Get Rating) by 19.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,512,609 shares of the auto parts company’s stock after selling 375,240 shares during the […]
FIRST QUARTER REVENUE AND EARNINGS OUTPERFORM PREVIOUSLY PROVIDED EXPECTATIONS REAFFIRMING 2023 FULL-YEAR GUIDANCE 2023 First Quarter Results Sales of $241.3 millionAdjusted sales of $232.2... | May 3, 2023
FIRST QUARTER REVENUE AND EARNINGS OUTPERFORM PREVIOUSLY PROVIDED EXPECTATIONS REAFFIRMING 2023 FULL-YEAR GUIDANCE 2023 First Quarter Results Sales of $241.3...