|Bid||8.82 x 1100|
|Ask||27.40 x 1000|
|Day's Range||21.27 - 22.18|
|52 Week Range||13.64 - 25.82|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||45.60|
|Earnings Date||Apr 26, 2022 - May 02, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.00|
Stoneridge (SRI) delivered earnings and revenue surprises of -38.10% and 7.92%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Stoneridge, Inc. (NYSE: SRI) today announced financial results for the second quarter ended June 30, 2022, with sales of $220.9 million and loss per share of ($0.27). Adjusted sales were $205.7 million and adjusted EPS was ($0.29) for the second quarter. Sales were adjusted to normalize the impact of $15.3 million of electronic component spot buys recovered from customers within the quarter. The exhibits attached hereto provide reconciliation detail on this and all other normalizing adjustments.
Stoneridge, Inc. (NYSE: SRI) today announced that Jon DeGaynor, president and chief executive officer, and Matt Horvath, chief financial officer, will present at the J.P. Morgan Auto Conference in New York City on Tuesday, August 9, 2022. The presentation will begin at 11:50 a.m. ET. Details on how to join the presentation via webcast will be posted to the "Investors/Webcasts & Presentations" section of the Company's website (www.stoneridge.com) prior to the presentation.