Methode Electronics, Inc. Reports Fiscal Third Quarter 2021 Financial Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. RNG
2. WDC
3. DECK
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. FIX

Go back to Methode Electronics, Inc. Reports Fiscal Third Quarter 2021 Financial Results

Methode Electronics (MEI) Tops Q3 EPS by 4c, Revenues Beat; Offers 4Q EPS/Revenue Outlook

March 4, 2021 7:10 AM EST

Methode Electronics (NYSE: MEI) reported Q3 EPS of $0.83, $0.04 better than the analyst estimate of $0.79. Revenue for the quarter came in at $295.3 million versus the consensus estimate of $277.7 million.

Fiscal Third Quarter 2021 Highlights

Net sales were $295.3 millionElectric and hybrid vehicle applications were over 12 percent of net salesNet income was $31.9 million, or $0.83 per diluted shareNet cash provided by operating activities was $87.1 millionDebt was $244.6 million, compared to $352.1 million at the... More