2 Winners and 1 Loser from This Week’s Earnings Storm
Mentor Graphics Corp. (NASDAQ:MENT) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 0% to $0.58 in the quarter versus EPS of $0.58 in the year-earlier quarter. Revenue Rose 3.38% to $331.2 million from the year-earlier quarter.
Mentor Graphics Corp. reported adjusted EPS income of $0.58 per share. By that measure, the company beat the mean analyst estimate of $0.55. It missed the average revenue estimate of $343.18 million.