Methode Electronics, Inc. Reports Fiscal Third Quarter 2023 Financial Results

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Go back to Methode Electronics, Inc. Reports Fiscal Third Quarter 2023 Financial Results

Methode Electronics (MEI) Misses Q3 EPS by 16c, Offers Guidance

March 9, 2023 7:20 AM EST

Methode Electronics (NYSE: MEI) reported Q3 EPS of $0.54, $0.16 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $280.1 million versus the consensus estimate of $290.27 million.

GUIDANCE:

Methode Electronics sees FY2023 EPS of $2.50-$2.60, versus the consensus of $2.78.... More