Earnings Miss: Mayville Engineering Company, Inc. Missed EPS By 29% And Analysts Are Revising Their Forecasts [Yahoo! Finance]
Mayville Engineering Company, Inc. (MEC)
Last mayville engineering company, inc. earnings: 2/26 05:00 pm
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Source: Yahoo! Finance
Unfortunately, Mayville Engineering Company delivered a serious earnings miss. Revenues of US$135m were 14% below expectations, and statutory earnings per share of US$0.14 missed estimates by 29%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Mayville Engineering Company after the latest results. See our latest analysis for Mayville Engineering Company After the latest results, the four analysts covering Mayville Engineering Company are now predicting revenues of US$621.7m in 2025. If met, this would reflect a reasonable 2.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 118% to US$1.29. Before this earnings report, the analyst
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MEC
News
- Here's Why Mayville Engineering Company (NYSE:MEC) Has Caught The Eye Of Investors [Yahoo! Finance]Yahoo! Finance
- $362.7 Billion Structural Steel Fabrication Global Market Opportunities and Strategies to 2033: Increasing Investment in Cutting-Edge Technology, Expansion of Services to Enhance Capabilities [Yahoo! Finance]Yahoo! Finance
- A Look Back at Engineered Components and Systems Stocks' Q3 Earnings: Mayville Engineering (NYSE:MEC) Vs The Rest Of The Pack [Yahoo! Finance]Yahoo! Finance
- Mayville Engineering Company's (NYSE:MEC) Strong Earnings Are Of Good Quality [Yahoo! Finance]Yahoo! Finance
- Mayville Engineering Company, Inc. (NYSE: MEC) was downgraded by analysts at Northland Securities from an "outperform" rating to a "market perform" rating. They now have a $20.00 price target on the stock, down previously from $30.00.MarketBeat
MEC
Earnings
- 11/5/24 - Beat
MEC
Sec Filings
- 11/8/24 - Form 4
- 11/8/24 - Form 4
- 11/7/24 - Form 4/A
- MEC's page on the SEC website