Methode Electronics Inc expected to post a loss of 21 cents a share - Earnings Preview
Methode Electronics Inc expected to post a loss of 21 cents a share - Earnings Preview
Methode Electronics Inc MEI.N, MEI is expected to show a fall in quarterly revenue when it reports results on June 24 for the period ending April 30 2026
The Chicago Illinois-based company is expected to report a 7.2% decrease in revenue to $238.464 million from $257.1 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Methode Electronics Inc is for a loss of 21 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Methode Electronics Inc is $11.25, about 19.8% below its last closing price of $14.02
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 31 2026 | -0.17 | -0.20 | -0.37 | Missed | -85 |
Oct. 31 2026 | -0.16 | -0.19 | -0.19 | Met | 2.6 |
Jul. 31 2025 | -0.25 | -0.25 | -0.22 | Beat | 12 |
Apr. 30 2025 | 0.04 | -0.77 | Missed | -2,300 | |
Jan. 31 2025 | -0.10 | -0.07 | -0.21 | Missed | -180 |
Oct. 31 2024 | -0.16 | -0.16 | 0.14 | Beat | 187.5 |
Jul. 31 2024 | -0.30 | -0.30 | -0.31 | Missed | -2.2 |
Apr. 30 2024 | -0.24 | -0.20 | -0.23 | Missed | -14.6 |
This summary was machine generated June 22 at 20:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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