Earnings Summary

Methode Electronics, Inc.’s revenue fell -7.35% since last year same period to $259.5Mn in the Q1 2024. On a quarterly growth basis, Methode Electronics, Inc. has generated -9.9% fall in its revenue since last 3-months.

Methode Electronics, Inc.’s net profit fell -158.29% since last year same period to $-11.6Mn in the Q1 2024. On a quarterly growth basis, Methode Electronics, Inc. has generated 79.02% jump in its net profits since last 3-months.

Methode Electronics, Inc.’s net profit margin fell -162.92% since last year same period to -4.47% in the Q1 2024. On a quarterly growth basis, Methode Electronics, Inc. has generated 76.72% jump in its net profit margins since last 3-months.

Methode Electronics, Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.21 - a -333.33% fall from last quarter’s estimates.

Methode Electronics, Inc.’s earning per share (EPS) estimates for the current year stand at -0.21.

Methode Electronics, Inc.’s earning per share (EPS) fell -161.11% since last year same period to -0.33 in the Q1 2024. This indicates that the Methode Electronics, Inc. has generated -161.11% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Methode Electronics, Inc.’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Methode Electronics, Inc.’s return on equity (ROE) stands at -0.07.

Methode Electronics, Inc. declared 0.14 dividend per share during the earnings announcement for Q1 2024.