A Preview Of Methode Electronics's Earnings
Portfolio Pulse from Benzinga Insights
Methode Electronics (NYSE:MEI) is set to release its latest quarterly earnings report on September 7, 2023. Analysts estimate an earnings per share (EPS) of $0.23. The company's past performance shows a trend of missing EPS estimates, which has led to drops in share price. The stock is currently trading at $30.11, down 22.25% over the last 52-week period.
September 06, 2023 | 3:01 pm
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Methode Electronics is expected to report an EPS of $0.23. Given the company's history of missing EPS estimates and the resulting negative impact on the share price, investors may be cautious.
Methode Electronics has a history of missing EPS estimates, which has led to drops in its share price. Given this trend and the current analyst estimate of $0.23 per share, there is a risk that the company may miss the estimate again, which could negatively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100