Methode Electronics-Methode (MEI) Q2 Earnings and Revenues Surpass Estimates

Methode (MEI) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of a loss of$ 0.17 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 182.35%. A quarter ago, it was expected that this maker of electrical components for the auto and computer industries would post a loss of$ 0.28 per share when it actually produced a loss of $0.31, delivering a su ...