Methode Electronics (MEI) Tops Q4 EPS by 3c, Revenues Beat

Methode Electronics (NYSE: MEI) reported Q4 EPS of $0.79, $0.03 better than the analyst estimate of $0.76. Revenue for the quarter came in at $210.6 million versus the consensus estimate of $209.05 million.

Fiscal 2021 Guidance

At this time, the company is not providing annual guidance due to the ongoing market uncertainty and the resulting lack of demand visibility due to the COVID-19 pandemic. The company does intend to provide partial year guidance at a future date as soon as demand schedules firm and forecasts stabilize.

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
• Wintermar acquires full control of Fast Offshore Supply, adding 5 new CTVs
• Alphabet slides over 6% as AI brain drain and SpaceX slump converge