Loading…
Loading…
Methode Electronics, Inc. (MEI) Q1 2027 Earnings Call Transcript
Methode Electronics NYSE: MEI reported a 10.4% increase in first-quarter fiscal 2027 sales, driven by industrial-segment momentum in data center power distribution and off-road lighting, while management reaffirmed its full-year outlook and detailed further operational restructuring efforts across its global manufacturing footprint.
Methode (MEI) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to a loss of $0.22 per share a year ago.
Continued transformation progress drove robust revenue growth and operational excellence gains Continued transformation progress drove robust revenue growth and operational excellence gains
SOUTHFIELD, Mich., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for power distribution, user interface, lighting, and sensor applications, today announced it will release its first quarter fiscal 2027 results for the period ended August 1, 2026, on Wednesday, September 2, 2026, after market close.
Methode Electronics, Inc. (NYSE: MEI - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $9.67 and traded as high as $16.90. Methode Electronics shares last traded at $16.4380, with a volume of 474,506 shares traded. Wall Street Analyst Weigh In
Methode Electronics stock jumped after Q4 2026 earnings crushed Wall Street's estimates. Contract safeguards helped Methode collect $19 million in customer recoveries during a tough quarter, with more recoveries expected over the next 3-4 years.
Methode Electronics, Inc. (MEI) Q4 2026 Earnings Call Transcript