Methode Electronics (MEI) Tops Q3 EPS by 30c, Updates FY Guiadance

Methode Electronics (NYSE: MEI) reported Q3 EPS of $0.83, $0.30 better than the analyst estimate of $0.53. Revenue for the quarter came in at $246.9 million versus the consensus estimate of $260.52 million.

GUIDANCE:

Methode Electronics sees FY2019 EPS of $2.50-$2.67, versus the consensus of $2.15. Methode Electronics sees FY2019 revenue of $1-1.04 billion, versus the consensus of $1.02 billion.

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

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