Methode Electronics (MEI) Tops Q1 EPS by 4c

Methode Electronics (NYSE: MEI) reported Q1 EPS of $0.57, $0.04 better than the analyst estimate of $0.53. Revenue for the quarter came in at $191.9 million versus the consensus estimate of $203.06 million.

Methode reaffirmed Fiscal 2017 guidance of sales in the range of $820 million to $845 million, income from operations in the range of $102 to $117 million and earnings per share in the range of $2.11 to $2.35.

For earnings history and earnings-related data on Methode Electronics (MEI) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Ridgepost Capital acquires Stellus Capital Management for $4B AUM
• AXT appoints Tracy Liu to its board of directors