Methode Electronics (NYSE:MEI) Delivers Strong Q3 Numbers, Stock Jumps 18.2% [Yahoo! Finance]
Methode Electronics, Inc. (MEI)
Last methode electronics, inc. earnings: 3/5 07:00 am
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Source: Yahoo! Finance
Its non-GAAP profit of $0.14 per share was significantly above analysts' consensus estimates. Is now the time to buy Methode Electronics? Find out in our full research report Revenue: $292.6 million vs analyst estimates of $268.5 million (1.6% year-on-year growth, 9% beat) Adjusted EPS: $0.14 vs analyst estimates of -$0.16 (significant beat) Adjusted EBITDA: $26.7 million vs analyst estimates of $13.44 million (9.1% margin, 98.6% beat) Operating Margin: 3.2%, up from 2% in the same quarter last year Free Cash Flow was -$58.4 million compared to -$11.3 million in the same quarter last year Market Capitalization: $409.2 million Management CommentsPresident and Chief Executive Officer Jon DeGaynor said, “The team is energized, and these results demonstrate that we are heading in the right direction. Our sales in the quarter were the highest that we have reported since fiscal 2023, and our pre-tax income returned to positive territory. Our bookings remained solid, and our
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MEI
News
- METHODE ELECTRONICS INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Methode Electronics, Inc. - MEIPR Newswire
- MEI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Methode Electronics, Inc. Investors with Losses Have Opportunity to Lead Class Action Lawsuit!Accesswire
- MEI SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Methode Electronics, Inc. Stockholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!Accesswire
- Q3 Earnings Outperformers: Atkore (NYSE:ATKR) And The Rest Of The Electrical Systems Stocks [Yahoo! Finance]Yahoo! Finance
- METHODE ELECTRONICS ALERT: Bragar Eagel & Squire, P.C. is Investigating Methode Electronics Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
MEI
Earnings
- 12/5/24 - Beat
MEI
Sec Filings
- 12/5/24 - Form 8-K
- 12/5/24 - Form 10-Q
- 12/4/24 - Form 4
- MEI's page on the SEC website