Bel Fuse Q2 adjusted profit beat expectation

Bel Fuse

24/07/2025 21:36

Overview

Bel Fuse Q2 sales rise 26.3% to $168.3 mln, beating expectations, per LSEG data

Adjusted EPS for Q2 beats analyst estimate, per LSEG data

Gross profit margin declines to 38.7% from 40.1% in Q2-24

Outlook

Bel Fuse expects Q3 net sales of $165-$180 mln

Company anticipates Q3 gross margins of 37%-39%

Result Drivers

SHIPMENT IMPROVEMENTS - Improved on-time shipments and enhanced intraquarter turns drove Q2 results, per CEO Farouq Tuweiq

SECTOR STRENGTH - Strength in defense and commercial aerospace applications contributed to sales growth

SALES REBOUND - Networking and distribution sales rebounded after nearly two years of inventory destocking

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$168.30 mln
$147.80 mln (2 Analysts)
Q2 Adjusted EPS
Beat
$1.61
$1.3 (1 Analyst)
Q2 Net Income
$26.90 mln
Q2 Gross Profit Margin
38.7%


Analyst Coverage

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nGNX5wgpZy

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)