Methode (MEI) Reports Q1 Loss, Lags Revenue Estimates
Methode Electronics(MEI) ZACKS·2024-09-05 21:10
Methode (MEI) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to earnings of $0.06 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. ...