Stoneridge Reports First Quarter 2023 Results

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Stoneridge (SRI) Misses Q1 EPS by 13c; Offers FY23 Guidance

May 3, 2023 4:50 PM EDT

Stoneridge (NYSE: SRI) reported Q1 EPS of ($0.25), $0.13 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $241.3 million versus the consensus estimate of $222.82 million.

GUIDANCE:

Stoneridge sees FY2023 EPS of ($0.10)-$0.10, versus the consensus of ($0.35). Stoneridge sees... More