Methode Electronics, Inc. Reports Fiscal 2019 Third-Quarter Sales and Earnings

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Methode Electronics (MEI) Tops Q3 EPS by 30c, Updates FY Guiadance

March 7, 2019 6:32 AM EST

Methode Electronics (NYSE: MEI) reported Q3 EPS of $0.83, $0.30 better than the analyst estimate of $0.53. Revenue for the quarter came in at $246.9 million versus the consensus estimate of $260.52 million.

GUIDANCE:

Methode Electronics sees FY2019 EPS of $2.50-$2.67, versus the consensus of $2.15.... More