Methode Electronics, Inc. Reports Fiscal 2020 Second-Quarter Results and Reaffirms Full Year EPS Guidance

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Go back to Methode Electronics, Inc. Reports Fiscal 2020 Second-Quarter Results and Reaffirms Full Year EPS Guidance

Methode Electronics (MEI) Tops Q2 EPS by 1c, Revenues Miss; Offers FY20 EPS Guidance Above Consensus, Lowers FY20 Revenue Guidance

December 5, 2019 7:09 AM EST

Methode Electronics (NYSE: MEI) reported Q2 EPS of $0.64, $0.01 better than the analyst estimate of $0.63. Revenue for the quarter came in at $257.2 million versus the consensus estimate of $281.89 million.

GUIDANCE:

Methode Electronics sees FY2020 EPS of $3.25-$3.55, versus the consensus of $3.16.... More