Mayville Engineering (MEC) Q2 Earnings Meet Estimates

Financial Performance - Mayville Engineering reported quarterly earnings of $0.1 per share, matching the Zacks Consensus Estimate, but down from $0.18 per share a year ago [1] - The company posted revenues of $132.33 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 3.35%, compared to $163.64 million in the same quarter last year [2] - Over the last four quarters, Mayville Engineering has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2][1] Stock Performance and Outlook - Mayville Engineering shares have increased approximately 4.6% since the beginning of the year, while the S&P 500 has gained 7.6% [3] - The company's current consensus EPS estimate for the upcoming quarter is $0.28 on revenues of $154.76 million, and for the current fiscal year, it is $0.72 on revenues of $585.77 million [7] Industry Context - The Engineering - R and D Services industry, to which Mayville Engineering belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which may impact Mayville Engineering's stock performance [5]