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Stock impact report

Mayville Engineering (NYSE:MEC) Misses Q3 Revenue Estimates [Yahoo! Finance]

Mayville Engineering Company, Inc. (MEC) 
Last mayville engineering company, inc. earnings: 2/26 05:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company's full-year revenue guidance of $585 million at the midpoint came in 7.3% below analysts' estimates. Its non-GAAP profit of $0.21 per share was also 13.9% below analysts' consensus estimates. Is now the time to buy Mayville Engineering? Find out in our full research report Revenue: $135.4 million vs analyst estimates of $157.6 million (14.1% miss) Adjusted EPS: $0.21 vs analyst expectations of $0.24 (13.9% miss) EBITDA: $17.06 million vs analyst estimates of $18.18 million (6.1% miss) The company dropped its revenue guidance for the full year to $585 million at the midpoint from $630 million, a 7.1% decrease EBITDA guidance for the full year is $64.5 million at the midpoint, below analyst estimates of $72.12 million Gross Margin (GAAP): 12.6%, in line with the same quarter last year Operating Margin: 4.2%, in line with the same quarter last year EBITDA Margin: 12.6%, in line with the same quarter last year Free Cash Flow Margin: 11.1%, similar to the sa Show less Read more
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