Methode Electronics (MEI) Tops Q4 EPS by 3c, Revenues Beat

Methode Electronics (NYSE: MEI) reported Q4 EPS of $0.79, $0.03 better than the analyst estimate of $0.76. Revenue for the quarter came in at $210.6 million versus the consensus estimate of $209.05 million.

Fiscal 2021 Guidance

At this time, the company is not providing annual guidance due to the ongoing market uncertainty and the resulting lack of demand visibility due to the COVID-19 pandemic. The company does intend to provide partial year guidance at a future date as soon as demand schedules firm and forecasts stabilize.

For earnings history and earnings-related data on Methode Electronics (MEI) click here.

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