Stoneridge Reports Strong Third-Quarter 2019 Results

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Go back to Stoneridge Reports Strong Third-Quarter 2019 Results

Stoneridge (SRI) Reports In-Line Q3 EPS; Lowers FY19 EPS/Revenue Outlook Below Consensus

October 30, 2019 6:05 PM EDT

Stoneridge (NYSE: SRI) reported Q3 EPS of $0.37, in-line with the analyst estimate of $0.37. Revenue for the quarter came in at $203.4 million versus the consensus estimate of $203.82 million.

2019 Third-Quarter Results

Earnings per diluted share ("EPS") of $0.24Adjusted EPS of $0.37Sales of $203.4 millionGross profit of $51.9 millionAdjusted gross profit of $54.4 million (26.7% of... More