Stoneridge Reports Strong Second-Quarter 2016 Results

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Stoneridge (SRI) Tops Q2 EPS by 9c

August 2, 2016 8:57 AM EDT

Stoneridge (NYSE: SRI) reported Q2 EPS of $0.41, $0.09 better than the analyst estimate of $0.32. Revenue for the quarter came in at $186.9 million versus the consensus estimate of $184.91 million.

GUIDANCE:

Stoneridge sees FY2016 EPS of $1.25-$1.40, versus prior guidance of $1.10-$1.30 and... More