Stock Analysis

Methode Electronics First Quarter 2025 Earnings: Misses Expectations

Published
NYSE:MEI

Methode Electronics (NYSE:MEI) First Quarter 2025 Results

Key Financial Results

  • Revenue: US$258.5m (down 11% from 1Q 2024).
  • Net loss: US$18.3m (down from US$900.0k profit in 1Q 2024).
  • US$0.52 loss per share (down from US$0.025 profit in 1Q 2024).
NYSE:MEI Earnings and Revenue Growth September 6th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Methode Electronics Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 68%.

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Electronic industry in the US.

Performance of the American Electronic industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Methode Electronics that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.