Methode Electronics (NYSE: MEI) will report earnings results this Wednesday after market close. Last quarter, the company beat revenue expectations by 10.8%, reporting $240.5 million, down 7% year on year. Analysts expect revenue to decline 18.8% to $237.7 million this quarter with an adjusted loss of -$0.20 per share. Methode Electronics has a history of exceeding Wall Street’s expectations. Peers in the electrical systems segment, such as Thermon and Vertiv, have reported revenue growth, providing insight for expectations. Investors are steady heading into earnings, with Methode Electronics up 12.1% in the last month and an average analyst price target of $10.25.

Read more at Barchart: Methode Electronics (MEI) Q3 Earnings Report Preview: What To Look For