Methode Electronics Inc reports results for the quarter ended April 30 - Earnings Summary

Methode Electronics

24/06/2026 22:00

Methode Electronics Inc MEI.N reported a quarterly adjusted loss of 30 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -77 cents.  The mean expectation of three analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -28 cents to -14 cents per share.
Revenue rose 15.9% to $298.10 million from a year ago; analysts expected $238.46 million. 
Methode Electronics Inc's reported EPS for the quarter was 1 cent​.
The company reported quarterly net income of $400 thousand.
Methode Electronics Inc shares had risen by 142.8% this quarter and gained 101.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.4% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the electronic equipment & parts peer group is also "buy" 
Wall Street's median 12-month price target for Methode Electronics Inc is $11.25, about 16.4% below its last closing price of $13.09
This summary was machine generated from LSEG data June 24 at 09:00 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Apr. 30 2026 
-0.21
-0.30
Missed
Jan. 31 2026 
-0.20
-0.37
Missed
Oct. 31 2025 
-0.19
-0.19
Met
Jul. 31 2025 
-0.25
-0.22
Beat