Benzinga | Sep 2, 2021 07:09AM EDT

Methode Electronics Reaffirms FY22 EPS $3.35-$3.75 vs $3.57 Est., Sales $1.175B-$1.235B vs $1.21B Est.

For the fiscal year 2022, the company reaffirmed its expectation for net sales to be in the range of $1,175 to $1,235 million and for diluted earnings per share to be in the range of $3.35 to $3.75.

The guidance is subject to disruption due to a variety of factors including the ongoing semiconductor shortage and other supply chain disruptions.