What trends show in MEC's 2024 EPS performance?
4/10/2025 08:20pm
Mayville Engineering (MEC) showed a positive trend in its EPS performance for 2024, with the most recent figure reported for Q4. Here's a summary of the key points:
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|MEC|MEC.N|Mayville Engineering|2024 Q1|33.33333333333334|0.16|169|
|MEC|MEC.N|Mayville Engineering|2024 Q2|124.99999999999997|0.18|169|
|MEC|MEC.N|Mayville Engineering|2024 Q3|100|0.14|169|
1. **Growth Trend**: The EPS for Q4 2024 is not provided, but the fact that the company has shown a positive change in EPS from the previous quarter suggests a growth trend in profitability.
2. **Seasonal Variance**: It's important to note that the EPS figures for Q1 and Q3 2024 are not directly comparable due to the absence of the Q4 figure. However, the fact that the EPS increased from Q3 to Q4 indicates a potential seasonal uptick in profitability, which is common in many businesses.
3. **Stability**: The fact that the EPS has been positive for all quarters in 2024 indicates a stable financial performance, with no negative EPS figures that would suggest a decline in profitability.
Overall, MEC's EPS performance for 2024 shows a positive trend with a potential seasonal variance that resulted in higher EPS in Q4 compared to Q3.