Methode Electronics Q4 Adj EPS $0.21 Misses $0.45 Estimate, Sales $301.20M Beat $297.45M Estimate
Portfolio Pulse from Benzinga Newsdesk
Methode Electronics reported Q4 adjusted earnings of $0.21 per share, missing the analyst consensus estimate of $0.45 by 53.33%. Sales were $301.20 million, beating the estimate of $297.45 million by 1.26%.
June 22, 2023 | 11:01 am
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Methode Electronics' Q4 adjusted earnings missed estimates by 53.33%, while sales beat estimates by 1.26%.
Methode Electronics' Q4 earnings missed analyst estimates by a significant margin, which could negatively impact the stock price in the short term. However, sales did beat estimates, which may partially offset the negative impact.
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