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.
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 $0.75, which is better than the estimate ninety days ago.
Here’s how Stoneridge has been performing on an annual basis:
|Revenue ($) 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|
Stoneridge has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)