Investing.com - Methode Electronics (NYSE: MEI) reported first quarter EPS of $0.06, $0.17 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $289.7M versus the consensus estimate of $281.27M.
Guidance
Methode Electronics sees Q2 2024 EPS of $0.12-$0.17 versus the analyst consensus of $0.49.
Methode Electronics sees Q2 2024 revenue of $285.00M-$295.00M versus the analyst consensus of $307.10M.
Methode Electronics sees FY 2024 EPS of $1.55-$1.75 versus the analyst consensus of $1.61.
Methode Electronics sees FY 2024 revenue of $1.14B-$1.18B versus the analyst consensus of $1.16B.
Methode Electronics's stock price closed at $30.00. It is down -33.48% in the last 3 months and down -23.02% in the last 12 months.
Methode Electronics saw 0 positive EPS revisions and 3 negative EPS revisions in the last 90 days. See Methode Electronics's stock price’s past reactions to earnings here.
According to InvestingPro, Methode Electronics's Financial Health score is "fair performance".
Check out Methode Electronics's recent earnings performance, and Methode Electronics's financials here.
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