Methode Electronics
(NYSE:MEI)
37.985
0.955[2.58%]
At close: Jun 24
38.03
0.0450[0.12%]
After Hours: 4:05PM EDT
Day High/Low37.27 - 38.34
52 Week High/Low36.26 - 50.2
Open / Close37.27 / 38.03
Float / Outstanding28.2M / 38.3M
Vol / Avg.401.1K / 203.4K
Mkt Cap1.5B
P/E14.09
50d Avg. Price43.55
Div / Yield0.56/1.47%
Payout Ratio20.74
EPS0.8
Total Float28.2M

Methode Electronics (NYSE:MEI), Earnings Estimates, EPS, and Revenue

Methode Electronics reports earnings on a quarterly basis. These quarterly earnings reports give investors a glimpse into financial results from a company for a 3 month period. Earnings reports almost always include EPS and Revenue results.

Earnings Date

Jun 23

EPS

$0.430

Quarterly Revenue

$288.7M

Annual Revenue (as of Jan 31)

$291.6M

Earnings Recap

 

Methode Electronics (NYSE:MEI) reported its Q4 earnings results on Thursday, June 23, 2022 at 07:00 AM.

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

Earnings

Methode Electronics missed estimated earnings by 23.21%, reporting an EPS of $0.43 versus an estimate of $0.56.

Revenue was down $12.30 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 1.97% drop in the share price the next day.

Here's a look at Methode Electronics's past performance:

 

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 0.72 0.73 0.74 0.70
EPS Actual 0.79 0.72 0.76 0.81
Revenue Estimate 281.60M 275.80M 281.51M 280.05M
Revenue Actual 291.60M 295.50M 287.80M 301.00M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Methode Electronics management provided guidance for FY 2023, expecting earnings between $2.7 and $3.1 per share.

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

Earnings History

Analyze the earnings history of Methode Electronics using advanced sorting and filters.

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Methode Electronics Questions & Answers

Q
When is Methode Electronics (NYSE:MEI) reporting earnings?
A

Methode Electronics (MEI) is scheduled to report earnings on September 1, 2022. The last reported earnings were for reported on June 23, 2022 for Q4.

Q
What were the latest earnings per share (EPS) for Methode Electronics (NYSE:MEI)?
A

The Actual EPS was $0.55, which beat the estimate of $0.48.

Q
What were Methode Electronics’s (NYSE:MEI) revenues?
A

The Actual Revenue was $201.2M, which beat the estimate of $188.7M.

Browse earnings estimates, EPS, and revenue on all stocks.