Stoneridge Reports Strong Fourth-Quarter 2017 And Full-Year Results

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Stoneridge (SRI) Tops Q4 EPS by 3c, Offers Guidance

February 28, 2018 5:18 PM EST

Stoneridge (NYSE: SRI) reported Q4 EPS of $0.42, $0.03 better than the analyst estimate of $0.39. Revenue for the quarter came in at $207.4 million versus the consensus estimate of $199.6 million.

2018 Guidance

Sales of $840 - $860 million compared with 2017 sales of $824.4 million (midpoint growth of 3.1%)Adjusted gross margin... More