Methode Electronics Q3 Adj. EPS $(0.33) Misses $0.09 Estimate, Sales $259.50M Miss $287.80M Estimate
Author: Benzinga Newsdesk | March 07, 2024 08:01am
Methode Electronics (NYSE:MEI) reported quarterly adjusted losses of $(0.33) per share which missed the analyst consensus estimate of $0.09 by 466.67 percent. This is a 161.11 percent decrease over earnings of $0.54 per share from the same period last year. The company reported quarterly sales of $259.50 million which missed the analyst consensus estimate of $287.80 million by 9.83 percent. This is a 7.35 percent decrease over sales of $280.10 million the same period last year.
Posted In: MEI