Methode Electronics Q1 Adj. EPS $(0.22) Misses $(0.14) Estimate, Sales $265.400M Beat $237.978M Estimate
Methode Electronics (NYSE:MEI) reported quarterly losses of $(0.22) per share which missed the analyst consensus estimate of $(0.14) by 57.14 percent. This is unchanged from the same period last year. The company
Methode Electronics lost more money per share than experts thought it would, even though it sold more stuff than expected. When a company loses money and does worse than people predict, it usually means there are problems to watch, even if sales look okay.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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