Methode Electronics Inc MEI:NYSE

Last Price$45.99NYSE Previous Close - Last Trade as of 5:00PM ET 11/26/21

Today's Change-2.29(4.74%)
Bid (Size)$42.64 (1)
Ask (Size)N/A (N/A)
Day Low / High$45.69 - 47.29
Volume102.8 K

Methode Electronics Fiscal Q1 2022 Revenue Rises; Full-Year Outlook Reaffirmed

7:46AM ET 9/02/2021 MT Newswires
Methode Electronics (MEI) reported fiscal Q1 2022 net earnings Thursday of $0.76 per diluted share, up from net earnings of $0.54 per share a year ago.

A single analyst polled by Capital IQ expected earnings of $0.74 per share.

Net revenue for the quarter ended July 31 was $287.8 million, up from revenue of $190.9 million a year ago.

Two analysts polled by Capital IQ expected revenue of $289.4 million.

Looking ahead, the company reaffirmed its fiscal full-year 2022 guidance for net sales in the range of $1.18 billion to $1.24 billion and diluted EPS in the range of $3.35 to $3.75.

Price: 46.43, Change: -0.14, Percent Change: