Methode Electronics posts Q1 non-GAAP EPS of $0.22, revenue of $265.4M
Methode Electronics reported fiscal 2027 Q1 Non-GAAP EPS of $0.22, a small miss versus expectations, while revenue rose 10.4% Y/Y to $265.4M, materially ahead of consensus. Management issued full-year net sales guidance of $1.025B–1.075B, broadly in line with estimates. The mixed earnings quality (EPS miss vs revenue beat) may drive modest near-term volatility in ME.
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Methode Electronics reported fiscal 2027 first-quarter results with non-GAAP EPS of $0.22, missing estimates by $0.02. Revenue came in at $265.4M, up 10.4% year over year, beating expectations by $27.09M. The company issued full-year net sales guidance of $1,025–1,075 million.