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MEI

Methode Electronics, Inc.

$42.15

Earnings Summary

Revenue
$301Mn
Net Profits
$31.1Mn
Net Profit Margins
10.33%

Highlights

Revenue:

Methode Electronics, Inc.’s revenue jumped 42.92% since last year same period to $301Mn in the Q2 2021. On a quarterly growth basis, Methode Electronics, Inc. has generated 1.93% jump in its revenue since last 3-months.

Net Profits:

Methode Electronics, Inc.’s net profit jumped 3.32% since last year same period to $31.1Mn in the Q2 2021. On a quarterly growth basis, Methode Electronics, Inc. has generated -2.51% fall in its net profits since last 3-months.

Net Profit Margins:

Methode Electronics, Inc.’s net profit margin fell -27.71% since last year same period to 10.33% in the Q2 2021. On a quarterly growth basis, Methode Electronics, Inc. has generated -4.35% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Methode Electronics, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.7
EPS Estimate Current Year
0.7

Highlights

EPS Estimate Current Quarter:

Methode Electronics, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.7 - a 11.11% jump from last quarter’s estimates.

EPS Estimate Current Year:

Methode Electronics, Inc.’s earning per share (EPS) estimates for the current year stand at 0.7.

Key Ratios

Key ratios of the Methode Electronics, Inc. post its Q1 2023 earnings

Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
0.14

Highlights

Return on Assets (ROA):

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 0.04.

Earning Per Share (EPS):

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 0.09.

Dividend Per Share (DPS):

Methode Electronics, Inc. declared 0.14 dividend per share during the earnings announcement for Q1 2023.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2017-06-22
0.64
0.6
-6.25%
2017-12-07
0.64
0.64
0%
2017-03-02
0.53
0.63
18.87%

Company Information

Methode Electronics, Inc. is a global developer of custom engineered and application specific products and solutions with manufacturing, design and testing facilities in Belgium, Canada, China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, the Netherlands, Singapore, Switzerland, the United Kingdom and the United States. The company designs, manufactures and markets devices employing electrical, electronic, LED lighting, sensor, and radio remote control technologies. Its business is managed on a segment basis, with those segments being Automotive, Industrial, Interface and Medical.

Organisation
Methode Electronics, Inc.
Headquarters
8750 West Bryn Mawr Avenue, Chicago, IL, United States, 60631-3518
Employees
7000
Industry
Electronic Technology
CEO
Donald Duda