Stoneridge (SRI) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS
Stoneridge (NYSE:SRI) announced its earnings results on Monday. The company reported $0.06 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.12 by $0.06, American Banking News reports. The company had revenue of $162.10 million for the quarter, compared to the consensus estimate of $196.40 million.
Shares of Stoneridge (NYSE:SRI) opened at 11.70 on Monday. Stoneridge has a one year low of $8.68 and a one year high of $13.63. The stock has a 50-day moving average of $10.97 and a 200-day moving average of $10.78. The company has a market cap of $330.5 million and a P/E ratio of 25.49.
Stoneridge, Inc is a designer and manufacturer of engineered electrical and electronic components, modules and systems for the commercial vehicle, automotive, agricultural and off-highway vehicle markets.
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