Stoneridge (SRI) Misses Q1 EPS by 25c, provides guidance

Stoneridge (NYSE: SRI) reported Q1 EPS of ($0.22), $0.25 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $239.2 million versus the consensus estimate of $223 million.

GUIDANCE:

Stoneridge sees FY2024 EPS of $0.30-$0.40, versus the consensus of $0.30. Stoneridge sees FY2024 revenue of $990-1010 million, versus the consensus of $992.9 million and EBITDA guidance of $64 million to $70 million, or 6.5% to 6.9% of sales

For earnings history and earnings-related data on Stoneridge (SRI) click here.

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