Methode Electronics, Inc. Reports Fiscal 2016 Third-Quarter Sales and Earnings

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Methode Electronics (MEI) Tops Q3 EPS by 2c; Trims FY16 Revenue Outlook

March 3, 2016 7:28 AM EST

Methode Electronics (NYSE: MEI) reported Q3 EPS of $0.45, $0.02 better than the analyst estimate of $0.43. Revenue for the quarter came in at $184.6 million versus the consensus estimate of $190.31 million.

GUIDANCE:

Methode Electronics sees FY2016 EPS of $2.06 - $2.18, versus the consensus of $2.11.... More