Mayville Engineering Company Inc reports results for the quarter ended in March - Earnings Summary

Mayville Engineering

05/05/2021 01:51

* Mayville Engineering Company Inc  MEC.N  reported quarterly
adjusted earnings of 12 cents​​ per share for the quarter ended
in March. The mean expectation of five analysts for the quarter
was for earnings of 10 cents per share.
* Revenue rose 3.7% to $112.62 million from a year ago​; 
analysts expected $107.21 million.
* Mayville Engineering Company Inc's reported EPS for the
quarter was 12 cents​.
* The mean earnings estimate of analysts had risen by
about 12.1% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Mayville Engineering Company Inc shares had risen by 11.3%
this quarter and gained 19.2% so far this year.
* The company reported quarterly net income of $2.55 million.
* Wall Street's median 12-month price target for Mayville
Engineering Company Inc is $19.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated May 5 at 12:51 a.m. GMT. ​All
figures in US Dollars.​