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Methode Electronics (NYSE:MEI – Get Free Report) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Friday. Separately, Robert W. Baird decreased their price objective on shares of Methode Electronics from $38.00 to $27.00 in a research report on Friday, September 8th. Read Our Latest […]
Methode Electronics (NYSE:MEI – Get Free Report) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Friday. Separately, Robert W. Baird reduced their price objective on Methode Electronics from $38.00 to $27.00 in a research note on Friday, September 8th. Get Our Latest […]
CHICAGO — CHICAGO — Methode Electronics Inc. on Thursday reported a loss of $55.3 million in its fiscal second quarter. The Chicago-based company said it had a loss of $1.55 per share....
Goodwill Impairment and Operational Inefficiencies Impact Financials
Methode Electronics, Inc. provided earnings guidance for the third quarter of 2024. For the third quarter, the company expects net sales to be similar to the second quarter....