Stoneridge Reports Strong Fourth-Quarter and Full-Year 2020 Results
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Stoneridge (SRI) Tops Q4 EPS by 12c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus, FY21 Revenue Guidance Above Consensus
February 24, 2021 5:25 PM ESTStoneridge (NYSE: SRI) reported Q4 EPS of $0.14, $0.12 better than the analyst estimate of $0.02. Revenue for the quarter came in at $189.7 million versus the consensus estimate of $171.73 million.
Fourth-Quarter 2020 Results
Earnings per diluted share ("EPS") of $0.13Adjusted EPS of $0.14Sales of $189.7 millionGross profit of $49.6 millionAdjusted gross profit of $50.0 million (26.4% of sales)Operating income of $5.7 millionAdjusted operating income of $7.0 million (3.7% of sales)Adjusted EBITDA of $16.2 million (8.6% of... More