Methode Electronics, Inc. reports results for the quarter ended July 31 - Earnings Summary

Methode Electronics

03/09/2026 02:39

Methode Electronics, Inc. MEI.N reported a quarterly adjusted loss of 30 cents​​ per share for the quarter ended July 31, identical to the same quarter last year.  The mean expectation of three analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -28 cents to -14 cents per share.
Revenue rose 24% to $265.40 million from a year ago; analysts expected $237.98 million. 
Methode Electronics, Inc.'s reported EPS for the quarter was a loss of 32 cents​.
The company reported a quarterly loss of $11.4 million.
Methode Electronics, Inc. shares had fallen by 3.4% this quarter and gained 175.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 4.8% 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 $17.00, about 6.5% below its last closing price of $18.10
This summary was machine generated from LSEG data September 3 at 01:39 a.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 
-0.20
-0.30
Missed
Jan. 31 2026 
-0.20
-0.37
Missed
Jan. 31 2026 
-0.19
-0.19
Met
Oct. 31 2025 
-0.25
-0.22
Beat