Mayville Engineering Company Inc expected to post earnings of 21 cents a share - Earnings Preview

Reuters

2024-11-02

* Mayville Engineering Company Inc is expected to show a fall in quarterly revenue when it reports results on November 5 for the period ending September 30 2024

* The Mayville Wisconsin-based company is expected to report a 0.4% decrease in revenue to $157.606 million from $158.22 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

* LSEG's mean analyst estimate for Mayville Engineering Company Inc is for earnings of 21 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months.

* Wall Street's median 12-month price target for Mayville Engineering Company Inc is 27.00, above its last closing price of $21.49.

Previous quarterly performance (using preferred earnings measure in US dollars).

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.20 0.19 0.18 Missed -6.4

Jan. 1 2024 0.19 0.18 0.16 Missed -8.7

Dec. 31 2023 0.18 0.13 0.11 Missed -17.4

Sep. 30 2023 0.24 0.22 0.10 Missed -53.7

Jun. 0.16 0.19 0.08 Missed -49.1

30 2023

Jan. 1 0001 0.19 0.19 0.12 Missed -38.1

Dec. 31 2022 0.14 0.13 0.12 Missed -10.4

Sep. 30 2022 0.22 0.21 0.32 Beat 51.3

This summary was machine generated November 2 at 03:48 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mayville Engineering Company Inc    expected to post earnings of 21 cents a share - Earnings Preview</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMayville Engineering Company Inc    expected to post earnings of 21 cents a share - Earnings Preview\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-02 11:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Mayville Engineering Company Inc     is expected to show a fall in quarterly revenue when it reports  results on November 5 for the period ending September 30 2024</p><p>   * The Mayville Wisconsin-based  company is expected to report a 0.4% decrease in revenue to $157.606 million from $158.22 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.</p><p>   * LSEG's mean analyst estimate for Mayville Engineering Company Inc is for earnings of 21 cents per share. </p><p>   * The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 3 \"strong buy\" or \"buy,\" 1 \"hold\" and no \"sell\" or \"strong sell.\"  </p><p>   * The mean earnings estimate of analysts was unchanged in the last three months. </p><p>   * Wall Street's median 12-month price target for Mayville Engineering Company Inc is 27.00, above its last closing price of $21.49. </p><p>Previous quarterly performance (using preferred earnings measure in US dollars). </p><p>QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI</p><p>ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %</p><p>              E®                               MISSED  </p><p>Jun. 30 2024  0.20        0.19       0.18      Missed  -6.4</p><p>Jan. 1 2024   0.19        0.18       0.16      Missed  -8.7</p><p>Dec. 31 2023  0.18        0.13       0.11      Missed  -17.4</p><p>Sep. 30 2023  0.24        0.22       0.10      Missed  -53.7</p><p>Jun.        0.16        0.19       0.08      Missed  -49.1</p><p>30 2023                                                </p><p>Jan. 1 0001   0.19        0.19       0.12      Missed  -38.1</p><p>Dec. 31 2022  0.14        0.13       0.12      Missed  -10.4</p><p>Sep. 30 2022  0.22        0.21       0.32      Beat    51.3</p><p>This summary was machine generated November 2 at 03:48 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MEC","symbol_name":"Mayville Engineering Company Inc.","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2480902688","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480902688","pubTimestamp":1730519350,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* Mayville Engineering Company Inc     is expected to show a fall in quarterly revenue when it reports  results on November 5 for the period ending September 30 2024   * The Mayville Wisconsin-based  ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"MEC":"Mayville Engineering Company Inc."},"translate_title":"Mayville Engineering Company Inc预计每股收益为21美分-收益预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MEC":0.9},"content_text":"* Mayville Engineering Company Inc     is expected to show a fall in quarterly revenue when it reports  results on November 5 for the period ending September 30 2024   * The Mayville Wisconsin-based  company is expected to report a 0.4% decrease in revenue to $157.606 million from $158.22 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.   * LSEG's mean analyst estimate for Mayville Engineering Company Inc is for earnings of 21 cents per share.    * The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 3 \"strong buy\" or \"buy,\" 1 \"hold\" and no \"sell\" or \"strong sell.\"     * The mean earnings estimate of analysts was unchanged in the last three months.    * Wall Street's median 12-month price target for Mayville Engineering Company Inc is 27.00, above its last closing price of $21.49. Previous quarterly performance (using preferred earnings measure in US dollars). QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRIENDING        ARTESTIMAT  ESTIMATE             MET,    SE %              E®                               MISSED  Jun. 30 2024  0.20        0.19       0.18      Missed  -6.4Jan. 1 2024   0.19        0.18       0.16      Missed  -8.7Dec. 31 2023  0.18        0.13       0.11      Missed  -17.4Sep. 30 2023  0.24        0.22       0.10      Missed  -53.7Jun.        0.16        0.19       0.08      Missed  -49.130 2023                                                Jan. 1 0001   0.19        0.19       0.12      Missed  -38.1Dec. 31 2022  0.14        0.13       0.12      Missed  -10.4Sep. 30 2022  0.22        0.21       0.32      Beat    51.3This summary was machine generated November 2 at 03:48 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"preview","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}