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Mayville Engineering (MEC) Earnings Date, Estimates & Call Transcripts

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$16.99 +0.43 (+2.60%)
(As of 11/22/2024 ET)

Mayville Engineering Latest Earnings Summary

Upcoming Q4
Earnings Date
Mar. 4Estimated
Actual EPS
(Nov. 5)
$0.14 Missed By -$0.05
Consensus EPS
(Nov. 5)
$0.19

Mayville Engineering issued Q3 2024 earnings on November 5, 2024, reporting an EPS of $0.14, which missed the consensus estimate of $0.19 by $0.05. Quarterly revenue was reported to be $135.39 million, below analyst estimates of $157.22 million. With a trailing EPS of $0.59 and a P/E Ratio of 28.80, Mayville Engineering's earnings are expected to grow 158.06% next year, from $0.31 to $0.80 per share.

MEC Upcoming Earnings

Mayville Engineering's next earnings date is estimated for Tuesday, March 4, 2025, based off prior year's reporting schedules.

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MEC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MEC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Mayville Engineering Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$0.15$0.15$0.15
Q2 20241$0.17$0.17$0.17
Q3 20241$0.22$0.22$0.22
Q4 20241$0.17$0.17$0.17
FY 20244$0.71$0.71$0.71

Mayville Engineering Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
3/4/2025
(Estimated)
------- 
11/5/2024Q3 2024$0.19$0.14 -$0.05$0.14$157.22M$135.39M        
8/6/2024Q2 2024$0.17$0.18+$0.01$0.18$160.38M$163.64M
5/7/2024Q1 2024-$0.16+$0.16$0.16$158.60M$161.27M    
3/6/2024Q4 2023$0.18$0.13 -$0.05$0.11$157.08M$148.58M        
10/31/2023Q3 2023$0.19$0.21+$0.02$0.35$159.54M$158.22M    
8/1/2023Q2 2023$0.16$0.20+$0.04$0.32$143.28M$138.98M    
5/2/2023Q1 2023$0.22$0.22-$0.32$138.30M$142.65M    
2/28/2023Q4 2022$0.20$0.22+$0.02$0.32$119.13M$128.53M    

Mayville Engineering Earnings - Frequently Asked Questions

Mayville Engineering has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, March 4th, 2025 based off last year's report dates. Learn more on MEC's earnings history.

Mayville Engineering issued an update on its FY 2024 earnings guidance on Tuesday, November, 5th. The company issued revenue guidance of $580.0 million-$590.0 million, compared to the consensus revenue estimate of $631.4 million.

In the previous quarter, Mayville Engineering (NYSE:MEC) missed the analysts' consensus estimate of $0.19 by $0.05 with a reported earnings per share (EPS) of $0.14. Learn more on analysts' earnings estimate vs. MEC's actual earnings.

The conference call for Mayville Engineering's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Mayville Engineering's latest earnings report can be read online.
Read Transcript

Mayville Engineering (NYSE:MEC) has a recorded annual revenue of $588.42 million.

Mayville Engineering (NYSE:MEC) has a recorded net income of $7.84 million. MEC has generated $0.59 earnings per share over the last four quarters.

Mayville Engineering (NYSE:MEC) has a trailing price-to-earnings ratio of 28.80 and a forward price-to-earnings ratio of 54.81.

Mayville Engineering's earnings are expected to grow from $0.31 per share to $0.80 per share in the next year, which is a 158.06% increase.

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This page (NYSE:MEC) was last updated on 11/24/2024 by MarketBeat.com Staff
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