Investing.com - Stoneridge reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Stoneridge announced earnings per share of $0.03 on revenue of $226.8M. Analysts polled by Investing.com EPS of $0.04 on revenue of $217.09M.
Stoneridge 's are down 32% and is trading at $21.10 , still down 10.06% from its 52 week high of $23.46 set on Thursday, December 2, 2021.
Stoneridge follows other major Consumer Discretionary sector earnings this month
Stoneridge's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1.03 on revenue of $22.5B.
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