Custom-engineered solutions manufacturer Methode Electronics (NYSE:MEI) is set to report earnings after the bell this Tuesday. Last quarter, Methode beat revenue expectations by 12.4%, reporting $257.1 million in revenue, down 7.3% year on year. For this quarter, analysts anticipate a 16.1% revenue decline to $217 million and an adjusted loss of -$0.25 per share. Despite challenges, analysts expect Methode to stay the course heading into earnings. Peers like LSI and Vertiv have reported positive results, with LSI seeing 20.2% revenue growth and Vertiv up 35.1%. Methode Electronics is currently up 8.4% over the past month.

Read more at Stockstory.org – Bloomberg: Methode Electronics (MEI) Q2 Earnings: What To Expect