Second Quarter, Methode Electronics and Fiscal Year
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Methode Electronics (NYSE:MEI) reports strong Q3 CY2025 but stock drops
Custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI) reported in Q3 CY2025, but sales fell by 15.6% year on year to $246.9 million. The company expects the full year’s revenue to be around $950 million,
Detailed price information for Methode Electronics (MEI-N) from The Globe and Mail including charting and trades.
CHICAGO - Methode Electronics, Inc. (NYSE:MEI) saw its shares tumble 5% after reporting a wider-than-expected loss for the second quarter of fiscal 2026, despite revenue exceeding analyst estimates.
CHICAGO (AP) — CHICAGO (AP) — Methode Electronics Inc. (MEI) on Wednesday reported a loss of $9.9 million in its fiscal second quarter. On a per-share basis, the Chicago-based company said it had a loss of 28 cents. Losses, adjusted for non-recurring costs and restructuring costs, came to 19 cents per share.
Reports Q2 revenue $246.9M, consensus $237.69M. President and CEO Jon DeGaynor said, “Methode’s transformation journey made further progress in
Return on Assets (ROA): Methode Electronics's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.79%, the company may face hurdles in achieving optimal financial performance.
Methode Electronics (NYSE:MEI) will release its quarterly earnings report on Thursday, 2024-12-05. Here's a brief overview for investors ahead of the announcement. Analysts anticipate Methode Electronics to report an earnings per share (EPS) of $-0.15.
Methode Electronics has a large and diversified customer base, but I believe its exposure to a weak automotive industry has led to a 70% decline in its stock price. The slowdown in manufacturing activity and global supply shocks have also contributed to ...