An Overview of Stoneridge's Earnings
Portfolio Pulse from Benzinga Insights
Stoneridge (NYSE:SRI) is set to release its quarterly earnings report on October 30, 2024. Analysts expect an EPS of $0.08. The company's past performance shows a tendency for stock price changes following earnings announcements, with a notable 6.19% increase after the last quarter's EPS beat. Currently, Stoneridge's stock is trading at $9.61, down 41.59% over the past year.
October 29, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stoneridge is expected to report an EPS of $0.08 on October 30, 2024. The company's stock has shown significant price movements following past earnings announcements, with a 6.19% increase after the last quarter's EPS beat.
Stoneridge's stock price has historically reacted to earnings announcements, particularly when EPS beats estimates. Given the anticipation of an EPS of $0.08 and the previous quarter's positive reaction, there is potential for a short-term price increase if the company surpasses expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100