S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities

Methode Electronics (MEI) Earnings Date, Estimates & Call Transcripts

$12.30
+0.08 (+0.65%)
(As of 04/18/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jun. 27Estimated
Actual EPS
(Mar. 7)
-$0.33 Missed By -$0.40
Consensus EPS
(Mar. 7)
$0.07
Skip Charts & View Estimated and Actual Earnings Data

MEI Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MEI Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Methode Electronics Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$0.22$0.59$0.41 
Q2 20242$0.34$0.89$0.62$0.12 - $0.17
Q3 20242$0.07$0.83$0.45 
Q4 20242($0.21)$0.87$0.33 
FY 20248$0.42$3.18$1.80 
Q1 20251($0.16)($0.16)($0.16) 
Q2 20251($0.09)($0.09)($0.09) 
Q3 20251($0.04)($0.04)($0.04) 
Q4 20251$0.06$0.06$0.06 
FY 20254($0.23)($0.23) ($0.23)

MEI Earnings Date and Information

Methode Electronics last announced its quarterly earnings results on March 7th, 2024. The electronics maker reported ($0.33) earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.40. The company earned $259.50 million during the quarter, compared to the consensus estimate of $288.50 million. Methode Electronics has generated ($1.64) earnings per share over the last year (($1.64) diluted earnings per share). Earnings for Methode Electronics are expected to grow in the coming year, from ($0.41) to ($0.04) per share. Methode Electronics has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, June 27th, 2024 based off prior year's report dates.

Methode Electronics Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
6/27/2024
Estimated)
------- 
3/7/2024Q1 2024$0.07($0.33)($0.40)($0.33)$288.50 million$259.50 million    
12/7/2023Q2 2024$0.09$0.06($0.03)$1.67$284.94 million$288.00 million
9/7/2023Q1 2024$0.22$0.06($0.16)$0.10$268.28 million$289.70 million
6/22/2023Q4 2023$0.23$0.21($0.02)$0.20$301.60 million$301.20 million
3/9/2023Q3 2023$0.68$0.54($0.14)$0.54$284.50 million$280.10 million
12/1/2022Q2 2023$0.65$0.75+$0.10$0.75$295.00 million$315.90 million
9/1/2022Q1 2023$0.48$0.58+$0.10$0.58$275.00 million$282.40 million
6/23/2022Q4 2022$0.43$0.43-$0.43$289.10 million$288.70 million
3/3/2022Q3 2022$0.72$0.78+$0.06$0.80$275.00 million$291.60 million    
12/2/2021Q4 2021$0.69$0.72+$0.03$0.72-$295.50 million    
9/1/2021Q3 2021$0.74$0.76+$0.02$0.76-$287.80 million    
6/23/2021Q2 2021$0.71$0.81+$0.10$0.81$280.06 million$301.00 million    

Methode Electronics Earnings - Frequently Asked Questions

When is Methode Electronics's earnings date?

Methode Electronics has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, June 27th, 2024 based off last year's report dates. Learn more on MEI's earnings history.

Did Methode Electronics beat their earnings estimates last quarter?

In the previous quarter, Methode Electronics (NYSE:MEI) missed the analysts' consensus estimate of $0.07 by $0.40 with a reported earnings per share (EPS) of ($0.33). Learn more on analysts' earnings estimate vs. MEI's actual earnings.

How can I listen to Methode Electronics's earnings conference call?

The conference call for Methode Electronics's latest earnings report can be listened to online. Listen to Conference Call

How can I read Methode Electronics's conference call transcript?

The conference call transcript for Methode Electronics's latest earnings report can be read online. Read Transcript

How much revenue does Methode Electronics generate each year?

Methode Electronics (NYSE:MEI) has a recorded annual revenue of $1.18 billion.

How much profit does Methode Electronics generate each year?

Methode Electronics (NYSE:MEI) has a recorded net income of $77.10 million. MEI has generated -$1.64 earnings per share over the last four quarters.

What is Methode Electronics's EPS forecast for next year?

Methode Electronics's earnings are expected to grow from ($0.41) per share to ($0.04) per share in the next year.


More Earnings Resources from MarketBeat

This page (NYSE:MEI) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners