Baird Upgrades Methode Electronics (MEI) to Outperform

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Methode Electronics (MEI) Tops Q4 EPS by 7c; Guides FY17 Modestly Below the Street

June 23, 2016 7:02 AM UTC

Methode Electronics (NYSE: MEI) reported Q4 EPS of $0.60, $0.07 better than the analyst estimate of $0.53. Revenue for the quarter came in at $212.8 million versus the consensus estimate of $200.05 million.

GUIDANCE:

Methode Electronics sees FY2017 EPS of $2.11-$2.35, versus the consensus of $2.38.... More