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Why Methode Electronics (MEI) stock is down today
What Happened? Shares of custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI) fell 10.4% in the afternoon session after the company reported third-quarter results that showed a ...
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Methode Electronics (NYSE:MEI) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops 15%
Custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI) in Q4 CY2024, with sales falling 7.6% year on year to $239.9 million. Next quarter’s revenue guidance of $247.5 million ...
All three of its reporting segments experienced sales declines. The steepest of these was 39%. In Methode's fiscal second quarter of 2026, the company's net sales totaled just under $247 million, ...
METHODE ELECTRONICS ($MEI) is expected to release its quarterly earnings data on Thursday, June 19th after market close, per Finnhub. Analysts are expecting revenue ...
Methode Electronics has a large and diversified customer base, but I believe its exposure to a weak automotive industry has led to a 70% decline in its stock price. The slowdown in manufacturing ...
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