Methode Electronics Q1 2025 Adj. EPS $(0.31) Misses $(0.30) Estimate, Sales $258.500M Miss $264.647M Estimate
Portfolio Pulse from Benzinga Newsdesk
Methode Electronics reported Q1 2025 earnings with an adjusted EPS of $(0.31), missing the $(0.30) estimate. Sales were $258.5M, below the $264.647M estimate, marking a 10.77% decrease from last year.
September 05, 2024 | 11:02 am
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Methode Electronics reported a Q1 2025 adjusted EPS of $(0.31), missing the $(0.30) estimate. Sales were $258.5M, below the $264.647M estimate, and decreased 10.77% from last year.
The earnings miss and lower-than-expected sales, along with a significant year-over-year sales decline, are likely to negatively impact MEI's stock price in the short term.
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IMPORTANCE 80
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