Methode Electronics posts record-breaking net sales of $1,183m
US firm confirms during its full year financials that has broken its own sales record for six years in a row.
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US firm confirms during its full year financials that has broken its own sales record for six years in a row.
Methode Electronics (NYSE:MEI – Get Rating) updated its FY23 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $2.50-2.60 for the period, compared to the consensus estimate of $2.52. The company issued revenue guidance of $1.183 billion, compared to the consensus revenue estimate of $1.17 billion. Methode Electronics also updated […]
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Methode Electronics, Inc. (NYSE:MEI – Get Rating) gapped down prior to trading on Tuesday after Robert W. Baird lowered their price target on the stock from $49.00 to $42.00. The stock had previously closed at $45.07, but opened at $38.68. Methode Electronics shares last traded at $37.36, with a volume of 168,090 shares. Separately, StockNews.com […]
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