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Stock impact report

Methode Electronics, Inc. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts [Yahoo! Finance]

Methode Electronics, Inc. (MEI) 
Last methode electronics, inc. earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Revenues fell 9.9% short of expectations, at US$260m. Earnings correspondingly dipped, with Methode Electronics reporting a statutory loss of US$0.33 per share, whereas the analysts had previously modelled a profit in this period. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Methode Electronics after the latest results. See our latest analysis for Methode Electronics Following the recent earnings report, the consensus from three analysts covering Methode Electronics is for revenues of US$1.06b in 2025. This implies a discernible 6.5% decline in revenue compared to the last 12 months. Methode Electronics is also expected to turn profitable, with statutory earnings of US$0.30 per share. Before thi Show less Read more
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