Recap: Stoneridge Q2 Earnings

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Stoneridge 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.

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Posted In: EarningsBZI-Recaps

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