Methode Electronics (MEI) Tops Q1 EPS by 7c, Maintains Guidance
Methode Electronics (NYSE: MEI) reported Q1 EPS of $0.55, $0.07 better than the analyst estimate of $0.48. Revenue for the quarter came in at $201.2 million versus the consensus estimate of $188.73 million.
Methode maintained Fiscal 2018 guidance of sales in the range of $807 million to $827 million, pre-tax income from operations in the range of $114 to $127 million and earnings per share in the range of $2.43 to $2.63.
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