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Mayville Engineering (MEC) Surpasses Q1 Earnings and Revenue Estimates
MECmec(MEC) ZACKS·2025-05-06 22:50

Group 1 - Mayville Engineering (MEC) reported quarterly earnings of 0.04pershare,exceedingtheZacksConsensusEstimateof0.04 per share, exceeding the Zacks Consensus Estimate of 0.01 per share, but down from 0.16pershareayearago,representinganearningssurpriseof3000.16 per share a year ago, representing an earnings surprise of 300% [1] - The company posted revenues of 135.58 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.38%, but down from 161.27millionyear−over−year[2]−Overthelastfourquarters,MayvilleEngineeringhassurpassedconsensusEPSestimatesthreetimesandtoppedconsensusrevenueestimatestwotimes[2]Group2−Thestockhasunderperformed,losingabout16161.27 million year-over-year [2] - Over the last four quarters, Mayville Engineering has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Group 2 - The stock has underperformed, losing about 16% since the beginning of the year compared to the S&P 500's decline of 3.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the coming quarter is 0.05 on revenues of 136.55million,andforthecurrentfiscalyear,itis136.55 million, and for the current fiscal year, it is 0.65 on revenues of $571.1 million [7] Group 3 - The Zacks Industry Rank indicates that the Engineering - R and D Services sector is currently in the top 13% of over 250 Zacks industries, suggesting strong potential for outperformance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]