Workflow
Mayville Engineering (MEC) Tops Q3 Earnings and Revenue Estimates
mecmec(US:MEC) ZACKS·2025-11-05 01:06

Core Insights - Mayville Engineering (MEC) reported quarterly earnings of $0.1 per share, exceeding the Zacks Consensus Estimate of $0.05 per share, but down from $0.14 per share a year ago, resulting in an earnings surprise of +100.00% [1] - The company achieved revenues of $144.31 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.65% and up from $135.39 million year-over-year [2] - The stock has increased approximately 12.3% since the beginning of the year, compared to a 16.5% gain for the S&P 500 [3] Earnings Outlook - The future performance of Mayville Engineering's stock will largely depend on management's commentary during the earnings call and the earnings outlook [4] - The current consensus EPS estimate for the upcoming quarter is -$0.04 on revenues of $130.87 million, while for the current fiscal year, it is $0.15 on revenues of $540.76 million [7] Industry Context - The Engineering - R and D Services industry, to which Mayville Engineering belongs, is currently ranked in the bottom 38% 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 investor sentiment [5]