Methode Electronics MEI reported its Q1 earnings results on Thursday, September 1, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Methode Electronics beat estimated earnings by 11.54%, reporting an EPS of $0.58 versus an estimate of $0.52.
Revenue was down $5.40 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.13 which was followed by a 2.7% increase in the share price the next day.
Here's a look at Methode Electronics's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.56 | 0.72 | 0.73 | 0.74 |
EPS Actual | 0.43 | 0.79 | 0.72 | 0.76 |
Revenue Estimate | 289.48M | 281.60M | 275.80M | 281.51M |
Revenue Actual | 288.70M | 291.60M | 295.50M | 287.80M |
To track all earnings releases for Methode Electronics visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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