FBR Capital Raises Price Target on Methode Electronics (MEI) Following Better Than Expected 2Q

Go back to FBR Capital Raises Price Target on Methode Electronics (MEI) Following Better Than Expected 2Q

Methode Electronics (MEI) Tops Q2 EPS by 11c; Boosts FY17 EPS Guidance

December 8, 2016 6:49 AM EST

Methode Electronics (NYSE: MEI) reported Q2 EPS of $0.66, $0.11 better than the analyst estimate of $0.55. Revenue for the quarter came in at $209.3 million versus the consensus estimate of $208.92 million.

GUIDANCE:

Methode Electronics sees FY2017 EPS of $2.30-$2.45, versus prior guidance of... More

Trading Radar for 12/8: Finisar (FNSR), Restoration Hardware (RH), Yingli Green Energy (YGE) Report

December 7, 2016 3:19 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

Initial Claims - Street sees 255kContinuing Claims - no Street consensus

Earnings:

Cherokee (Nasdaq: CHKE) - no Street consensus
Ciena (Nasdaq: CIEN) -... More