Methode Electronics Q1 Adj. EPS $(0.22) Misses $(0.14) Estimate, Sales $265.400M Beat $237.978M Estimate
Methode Electronics (NYSE:MEI) reported quarterly losses of $(0.22) per share which missed the analyst consensus estimate of $(0.14) by 57.14 percent. This is unchanged from the same period last year. The company reported quarterly sales of $265.400 million which beat the analyst consensus estimate of $237.978 million by 11.52 percent. This is a 10.35 percent increase over sales of $240.500 million the same period last year.
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