Mayville Engineering Company Inc expected to post a loss of 13 cents a share - Earnings Preview

Reuters

03-01

Mayville Engineering Company Inc <mec.n> expected to post a loss of 13 cents a share - Earnings Preview </mec.n>

Mayville Engineering Company Inc MEC.N, MEC is expected to show a fall in quarterly revenue when it reports results on March 4 for the period ending December 31 2024
The Mayville Wisconsin-based company is expected to report a 16.5% decrease in revenue to $124.134 million from $148.58 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Mayville Engineering Company Inc is for a loss of 13 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 $21.00, above its last closing price of $14.97.

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

QUARTER ENDING	STARMINESMARTESTIMATE®	LSEG IBES ESTIMATE	ACTUAL	BEAT, MET, MISSED	SURPRISE %
Sep. 30 2024	0.20	0.21	0.14	Missed	-32.7
Jun. 30 2024	0.20	0.19	0.18	Missed	-6.4
Mar. 31 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. 30 2023	0.16	0.16	0.08	Missed	-49.1
Mar. 31 2023	0.19	0.19	0.12	Missed	-38.1
Dec. 31 2022	0.14	0.13	0.12	Missed	-10.4

This summary was machine generated February 28 at 21:40 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 a loss of 13 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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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</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.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250228:nL5N3PJ2HC:1","article_id":"2516042003","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516042003","pubTimestamp":1740778807,"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":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Mayville Engineering Company Inc  expected to post a loss of13cents a share - Earnings Preview Mayville Engineering Company Inc MEC.N, MEC is expected to show a fall in quarterly revenue when it repor","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预计每股亏损13美分-收益预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MEC":0.9},"content_text":"Mayville Engineering Company Inc  expected to post a loss of 13 cents a share - Earnings Preview Mayville Engineering Company Inc MEC.N, MEC is expected to show a fall in quarterly revenue when it reports  results on March 4 for the period ending December 31 2024The Mayville Wisconsin-based  company is expected to report a 16.5% decrease in revenue to $124.134 million from $148.58 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.LSEG's mean analyst estimate for Mayville Engineering Company Inc is for a loss of 13 cents per share. The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 2 \"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 $21.00, above its last closing price of $14.97. Previous quarterly performance (using preferred earnings measure in US dollars). QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATE ACTUALBEAT, MET, MISSEDSURPRISE %Sep. 30 20240.200.210.14Missed-32.7Jun. 30 20240.200.190.18Missed-6.4Mar. 31 20240.190.180.16Missed-8.7Dec. 31 20230.180.130.11Missed-17.4Sep. 30 20230.240.220.10Missed-53.7Jun. 30 20230.160.160.08Missed-49.1Mar. 31 20230.190.190.12Missed-38.1Dec. 31 20220.140.130.12Missed-10.4This summary was machine generated February 28 at 21:40 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":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}