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MEI — Methode Electronics News Story

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Brief: Methode Electronics Inc - Expects Net Sales Of About $1,164 Million For Fiscal 2022

June 14 (Reuters) - Methode Electronics Inc  MEI.N :
    * EXPECTS NET SALES OF ABOUT $1,164 MILLION FOR FISCAL 2022
    * EXPECTS DILUTED EARNINGS PER SHARE IN RANGE OF $2.68 TO
$2.72
FOR FISCAL 2022
    * FOR FISCAL YEAR 2023, COMPANY EXPECTS NET SALES TO BE IN
RANGE
OF $1,160 TO $1,210 MILLION
    * FOR FISCAL YEAR 2023, COMPANY EXPECTS DILUTED EARNINGS PER
SHARE
TO BE IN A RANGE OF $2.70 TO $3.10
    * METHODE ELECTRONICS - DURING Q4 2022, EXPERIENCED
SIGNIFICANT
IMPACT TO EARNINGS PERFORMANCE DUE TO MARKET DISRUPTIONS, SUPPLY
CHAIN CONSTRAINTS
    * FY2022 EARNINGS PER SHARE VIEW $3.08, REVENUE VIEW $1.17
BILLION
-- REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $3.51, REVENUE VIEW $1.21
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX4gRWd0 
Further company coverage:  MEI.N

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