Benzinga | Dec 2, 2021 07:04AM EST

Methode Electronics Q2 EPS $0.72 Misses $0.73 Estimate, Sales $295.50M Beat $275.80M Estimate

Methode Electronics (NYSE:MEI) reported quarterly earnings of $0.72 per share which missed the analyst consensus estimate of $0.73 by 1.37 percent. This is a 30.1 percent decrease over earnings of $1.03 per share from the same period last year. The company reported quarterly sales of $295.50 million which beat the analyst consensus estimate of $275.80 million by 7.14 percent. This is a 1.76 percent decrease over sales of $300.80 million the same period last year.