Benzinga | Sep 2, 2021 07:07AM EDT

Methode Electronics Q1 EPS $0.76 Beats $0.74 Estimate, Sales $287.80M Beat $281.51M Estimate

Methode Electronics (NYSE:MEI) reported quarterly earnings of $0.76 per share which beat the analyst consensus estimate of $0.74 by 2.7 percent. This is a 85.37 percent increase over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $287.80 million which beat the analyst consensus estimate of $281.51 million by 2.23 percent. This is a 50.76 percent increase over sales of $190.90 million the same period last year.