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Stock impact report

Earnings To Watch: Methode Electronics (MEI) Reports Q3 Results Tomorrow [Yahoo! Finance]

Methode Electronics, Inc. (MEI) 
Last methode electronics, inc. earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Methode Electronics missed analysts' revenue expectations by 3% last quarter, reporting revenues of $258.5 million, down 10.8% year on year. It was a slower quarter for the company, with a miss of analysts' EPS estimates. Is Methode Electronics a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Methode Electronics's revenue to decline 6.8% year on year to $268.5 million, improving from the 8.8% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.16 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Methode Electronics has missed Wall Street's revenue estimates four times over the last two years. Looking at Methode Electronics's peers in the electrical systems segment, some have already reported their Q3 results, giving us a hint as to wha Show less Read more
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