Methode (MEI) Reports Q1 Loss, Lags Revenue Estimates
MEIMethode Electronics(MEI) ZACKS·2024-09-05 21:10

Methode (MEI) came out with a quarterly loss of 0.31pershareversustheZacksConsensusEstimateofalossof0.31 per share versus the Zacks Consensus Estimate of a loss of 0.28. This compares to earnings of 0.06pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−10.710.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.71%. A quarter ago, it was expected that this maker of electrical components for the auto and computer industries would post a loss of 0.21 per share when it actually produced a loss of $0.23, delivering a surprise of -9.5 ...