Methode Electronics Inc (MEI, Financial) is set to release its Q1 2025 earnings on Sep 5, 2024. The consensus estimate for Q1 2025 revenue is $264.65 million, and the earnings are expected to come in at -$0.30 per share. The full year 2025's revenue is expected to be $1.10 billion and the earnings are expected to be -$0.33 per share. More detailed estimate data can be found on the Estimates page.
Methode Electronics Inc (MEI, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Methode Electronics Inc (MEI) for the full year 2025 have increased from $1.04 billion to $1.10 billion. For 2026, they have increased from $1.11 billion to $1.11 billion. Earnings estimates for the full year 2025 have declined from $0.16 per share to -$0.33 per share, while for 2026, they have increased from $0.86 per share to $0.93 per share.
Methode Electronics Inc (MEI, Financial) Reported History
In the previous quarter of April 30, 2024, Methode Electronics Inc's (MEI) actual revenue was $277.30 million, which beat analysts' revenue expectations of $264.04 million by 5.02%. Methode Electronics Inc's (MEI) actual earnings were -$1.63 per share, which missed analysts' earnings expectations of -$0.12 per share by -1258.33%. After releasing the results, Methode Electronics Inc (MEI) was up by 45.76% in one day.
Methode Electronics Inc (MEI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 3 analysts, the average target price for Methode Electronics Inc (MEI) is $13.33 with a high estimate of $15 and a low estimate of $11. The average target implies an upside of 34.14% from the current price of $9.94.
Based on GuruFocus estimates, the estimated GF Value for Methode Electronics Inc (MEI, Financial) in one year is $41.95, suggesting an upside of 322.03% from the current price of $9.94.
Based on the consensus recommendation from 4 brokerage firms, Methode Electronics Inc's (MEI, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
