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

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

February 28, 2018 5:15 PM EST

NOVI, Mich., Feb. 28, 2018 /PRNewswire/ --

2017 Results

Reports full-year 2017 earnings per diluted share from continuing operations attributable to Stoneridge, Inc. ("EPS") of $1.57 Full-year 2017 adjusted EPS of $1.57 - Adjusted EPS excludes transaction costs, expenses related to the step-up in the fair value of inventory  and expenses related to the step-up in the fair value of the earn-outs related to the Orlaco and PST acquisitions, as well as non-recurring income and expenses related to insurance proceeds and certain business realignment costs and the one-time impact of the US Tax Cuts... More