Mayville Engineering: Q4 Earnings Insights - Mayville Engineering (NYSE:MEC)

Mayville Engineering MEC reported its Q4 earnings results on Tuesday, March 5, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Mayville Engineering beat estimated earnings by 62.0%, reporting an EPS of $0.21 versus an estimate of $0.13.

Revenue was up $20.05 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 3.0% drop in the share price the next day.

Here's a look at Mayville Engineering's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.22	0.16	0.19	0.13
EPS Actual	0.21	0.20	0.12	0.12
Revenue Estimate	159.92M	143.28M	140.23M	123.72M
Revenue Actual	158.22M	138.98M	142.65M	128.53M

To track all earnings releases for Mayville Engineering visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.