Stoneridge Reports Strong Third-Quarter 2016 Results

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Stoneridge (SRI) Reports In-Line Q3 EPS, Loweres Sales Guiance

October 27, 2016 8:39 AM EDT

Stoneridge (NYSE: SRI) reported Q3 EPS of $0.36, in-line with the analyst estimate of $0.36. Revenue for the quarter came in at $173.8 million versus the consensus estimate of $183.98 million.

GUIDANCE:

Stoneridge sees FY2016 revenue of $690-700 million, versus the consensus of $712 million.... More