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

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$21.49
+1.02 (+4.98%)
(As of 11/1/2024 ET)

Mayville Engineering Latest Earnings Summary

Upcoming Q3
Earnings Date
Nov. 5After Market ClosesConfirmed
Actual EPS
(Aug. 6)
$0.18 Beat By $0.01
Consensus EPS
(Aug. 6)
$0.17

Mayville Engineering issued Q2 2024 earnings on August 6, 2024, reporting an EPS of $0.18, which topped analysts' consensus estimates of $0.17 by $0.01. Quarterly revenue was reported to be $163.64 million, above the consensus estimate of $160.38 million. With a trailing EPS of $0.52 and a P/E Ratio of 41.33, Mayville Engineering's earnings are expected to grow 66.18% next year, from $0.68 to $1.13 per share.

MEC Upcoming Earnings

Mayville Engineering's next earnings date is scheduled for Tuesday, November 5, 2024.

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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
11/5/2024
(Confirmed)
------- 
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 confirmed that its next quarterly earnings data will be published on Tuesday, November 5th, 2024. Learn more on MEC's earnings history.

Mayville Engineering updated its FY 2024 earnings guidance on Tuesday, August, 6th. The company issued revenue guidance of $620.0 million-$640.0 million, compared to the consensus revenue estimate of $632.6 million.

In the previous quarter, Mayville Engineering (NYSE:MEC) reported $0.18 earnings per share (EPS) to beat the analysts' consensus estimate of $0.17 by $0.01. Learn more on analysts' earnings estimate vs. MEC's actual earnings.

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 $0.52 earnings per share over the last four quarters.

Mayville Engineering (NYSE:MEC) has a trailing price-to-earnings ratio of 41.33 and a forward price-to-earnings ratio of 31.60.

Mayville Engineering's earnings are expected to grow from $0.68 per share to $1.13 per share in the next year, which is a 66.18% increase.

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This page (NYSE:MEC) was last updated on 11/2/2024 by MarketBeat.com Staff
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