Methode Electronics (MEI) reported Q2 EPS of $0.75, $0.11 better than the analyst estimate of $0.64. Revenue for the quarter came in at $316 million versus the consensus estimate of $294.37 million.
GUIDANCE:
Methode Electronics sees FY2023 EPS of $2.70-$2.90, versus the consensus of $2.70. Methode Electronics sees FY2023 revenue of $1.17-1.20 billion, versus the consensus of $1.16 billion.