Benzinga | Mar 4, 2021 07:24AM EST

Methode Electronics Q3 EPS $0.83 Beats $0.79 Estimate, Sales $295.30M Beat $277.70M Estimate

Methode Electronics (NYSE:MEI) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.79 by 5.06 percent. This is a 20.95 percent decrease over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $295.30 million which beat the analyst consensus estimate of $277.70 million by 6.34 percent. This is a 3.29 percent increase over sales of $285.90 million the same period last year.