Methode (MEI) Reports Q4 Loss, Tops Revenue Estimates
MEIMethode Electronics(MEI) ZACKS·2024-07-11 21:11

Methode (MEI) came out with a quarterly loss of 0.23pershareversustheZacksConsensusEstimateofalossof0.23 per share versus the Zacks Consensus Estimate of a loss of 0.21. This compares to earnings of 0.21pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−9.520.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.52%. A quarter ago, it was expected that this maker of electrical components for the auto and computer industries would post earnings of 0.07 per share when it actually produced a loss of $0.33, delivering a surprise of -57 ...