Stoneridge Earnings: What Investors Should Watch

Stoneridge (NYSE:SRI) will report earnings before markets open on Thursday, May 9th. Stoneridge, Inc. designs and manufactures engineered electrical and electronic components, modules, and systems. The Company’s customers include the automotive, medium and heavy duty truck, and agricultural vehicle markets. Stoneridge markets its products under a variety of brand names including Alphabet, Berifors, Hi-Stat, Pollak, and PST.

Here is your Cheat Sheet to Stoneridge Earnings:

Earnings Expectations: Analysts expect earnings of $0.10 per share on revenues of $221.13 million. Currently, the company’s P/E ratio stands at 36.70.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.12 and has not changed. For the current year, the average estimate is a profit of $0.75, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Stoneridge has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 752.70 475.15 635.23 765.37 938.51
Diluted EPS ($) -4.17 -1.37 0.47 2.00 0.20

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 186.05 262.27 234.26 219.26 222.72
Diluted EPS ($) 1.552 0.22 -0.13 0.02 0.0967

Past Performance:
Stoneridge has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)