Brief: Mayville Engineering Q2 EPS USD -0.05

Mayville Engineering

05/08/2025 21:15

Overview

Mayville Engineering Q2 2025 revenue misses analyst expectations, per LSEG data

Adjusted EBITDA for Q2 beats analyst expectations

Company completed Accu-Fab acquisition, enhancing strategic diversification efforts

Outlook

Company updates 2025 guidance due to Accu-Fab acquisition and market softness

MEC expects steady demand in Accu-Fab's power infrastructure markets

Company withdraws 2026 financial targets amid uncertain macroeconomic conditions

MEC sees 2025 net sales between $528 mln and $562 mln

Result Drivers

CUSTOMER DEMAND - Soft demand across majority of end markets due to elevated uncertainty, impacting sales

ACQUISITION IMPACT - Accu-Fab acquisition expected to enhance strategic diversification, integration underway

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$132.30 mln
$138 mln (4 Analysts)
Q2 EPS
-$0.05
Q2 Net Income
-$1.10 mln
Q2 Adjusted EBITDA
Beat
$13.70 mln
$13.40 mln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Mayville Engineering Company Inc is $21.00, about 21.7% above its August 4 closing price of $16.45

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nBw7vVDMja

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)