CORRECTION: Methode Electronics Q3 Adj. EPS $(0.37) Misses $(0.20) Estimate, Sales $233.700M Beat $221.200M Estimate
Methode Electronics (NYSE:MEI) reported quarterly losses of $(0.37) per share which missed the analyst consensus estimate of $(0.20) by 85 percent. This is a 76.19 percent decrease over losses of $(0.21) per share from the same period last year. The company reported quarterly sales of $233.700 million which beat the analyst consensus estimate of $221.200 million by 5.65 percent. This is a 2.58 percent decrease over sales of $239.900 million the same period last year.
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