Stoneridge SRI will release its quarterly earnings report on Wednesday, 2024-10-30. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Stoneridge to report an earnings per share (EPS) of $0.08.
Investors in Stoneridge are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings Track Record
The company's EPS beat by $0.19 in the last quarter, leading to a 6.19% increase in the share price on the following day.
Here's a look at Stoneridge's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.02 | -0.04 | 0.10 | -0.02 |
| EPS Actual | 0.17 | -0.09 | 0.12 | 0.10 |
| Price Change % | 6.0% | -1.0% | -4.0% | 3.0% |
Market Performance of Stoneridge's Stock
Shares of Stoneridge were trading at $9.61 as of October 28. Over the last 52-week period, shares are down 41.59%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Stoneridge visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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