Methode Electronics, Inc. (MEI)

Methode Electronics’ revenue topped consensus but EPS trailed expectations in the first fiscal quarter of 2027, based on preliminary results reported September 2, 2026. Revenue rose 10.4% to about $265.4 million (up from roughly $240.5 million a year ago) as Industrial, its largest segment, increased 27.0% to about $156.8 million, while Automotive was essentially flat, down 0.4% to around $105.7 million, and Interface declined 73.4% to roughly $2.9 million. On the consensus comparison, revenue of $265.4 million topped the $238.3 million estimate, +11.4%, but EPS of -$0.32 trailed the -$0.27 estimate by -$0.05. Gross profit was about $47.7 million, with gross margin at around 18.0%, and net income was a loss of roughly $11.4 million (down 10.7% year over year from a loss of about $10.3 million). Cash flow from operations was negative roughly $7.8 million, and the company paid about $1.8 million in dividends. For the next period, consensus calls for EPS of -$0.22 on revenue of $251.6 million.