Mayville Engineering (NYSE:MEC) reported its Q4 earnings results on Tuesday, March 5, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Mayville Engineering beat estimated earnings by 62.0%, reporting an EPS of $0.21 versus an estimate of $0.13.
Revenue was up $20.05 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 3.0% drop in the share price the next day.
Here's a look at Mayville Engineering's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.22 | 0.16 | 0.19 | 0.13 |
| EPS Actual | 0.21 | 0.20 | 0.12 | 0.12 |
| Revenue Estimate | 159.92M | 143.28M | 140.23M | 123.72M |
| Revenue Actual | 158.22M | 138.98M | 142.65M | 128.53M |
To track all earnings releases for Mayville Engineering visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.