Stoneridge (NYSE:SRI) reported its Q2 earnings results on Wednesday, August 3, 2022 at 05:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Stoneridge missed estimated earnings by 38.1%, reporting an EPS of $-0.29 versus an estimate of $-0.21.
Revenue was up $29.60 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 2.21% drop in the share price the next day.
Here’s a look at Stoneridge’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.34 | -0.24 | -0.30 | 0 |
| EPS Actual | -0.27 | -0.24 | -0.27 | -0.14 |
| Revenue Estimate | 194.78M | 180.03M | 180.03M | 185.91M |
| Revenue Actual | 221.06M | 203.70M | 181.68M | 191.33M |
To track all earnings releases for Stoneridge visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
