Stoneridge (SRI) Misses Q3 EPS by 32c, Misses on Revenue; Offers FY24 Guidance

Stoneridge (NYSE: SRI) reported Q3 EPS of ($0.24), $0.32 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $213.8 million versus the consensus estimate of $229.6 million.

GUIDANCE:

Stoneridge sees FY2024 EPS of ($0.35)-($0.40), versus the consensus of $0.20. Stoneridge sees FY2024 revenue of $895-905 million, versus the consensus of $945 million.

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

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