Methode Electronics Expects FY24 Net Sales Of $1.15B-$1.20B (Consensus $1.16B), EPS Of $1.55-$1.75 (Consensus $1.62)
Portfolio Pulse from Benzinga Newsdesk
Methode Electronics (MEI) projects FY24 net sales of $1.15B-$1.20B, with EPS of $1.55-$1.75, compared to the consensus estimates of $1.16B and $1.62 respectively.
June 22, 2023 | 11:06 am
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Methode Electronics expects higher FY24 net sales and EPS than consensus estimates, potentially driving stock price up.
Methode Electronics' projected net sales and EPS for FY24 are higher than the consensus estimates, indicating a positive outlook for the company's financial performance. This could lead to an increase in the stock price as investors react to the news.
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