Mayville Engineering (MEC) Q3 Earnings and Revenues Lag Estimates
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Mayville Engineering (MEC) reported Q3 earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.19 and down from $0.21 a year ago.
November 06, 2024 | 12:00 am
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Mayville Engineering's Q3 earnings were $0.14 per share, below the expected $0.19 and last year's $0.21, indicating a potential negative impact on stock prices.
The earnings miss and year-over-year decline in EPS suggest potential negative sentiment among investors, likely leading to short-term downward pressure on MEC's stock price.
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