WASHINGTON (dpa-AFX) - Stoneridge, Inc. (SRI) Monday reported fourth-quarter sales of $203.7 million and a loss per share of $0.23.
Adjusted sales for the fourth quarter were $184.7 million and adjusted loss per share was $0.24.
Analysts polled by Thomson Reuters expected a loss of $0.24 per share and revenues of $180.03 million for the quarter.
Looking forward to full year 2022, the company expects report between adjusted loss of $0.15 and adjusted earnings of $0.10 per share, on adjusted sales of $860 million to $900 million.
Analysts currently estimate earnings of $0.05 per share on revenues of $777.44 million.
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