Belden Inc expected to post earnings of $1.18 a share - Earnings Preview

Belden

01/11/2021 16:57

* Belden Inc  BDC.N   BDC  is expected to show a rise in
quarterly revenue when it reports  results on November 3. 
* The St. Louis, Missouri-based company is expected to report  a
26.4% increase in revenue to $601.527 million from $475.84
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Belden Inc is for
earnings of $1.18 per share. For the same quarter last year, the
company reported earnings of 72 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Belden Inc is
$68​, about 11.5% above​ its last closing price of $60.21. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.94        0.93       1.21      Beat    29.5
 Mar. 312021   0.65        0.66       0.94      Beat    43.2
 Dec. 312020   0.84        0.77       0.90      Beat    16.7​
 Sep. 302020   0.60        0.61       0.72      Beat    18.5
 ​​Jun.        0.28        0.27       0.46      Beat    67.7
 302020                                                 
 Mar. 312020   0.65        0.67       0.67      Met     0.3​
 Dec. 312019   1.07        1.07       1.20      Beat    12
 Sep. 302019   1.40        1.41       1.18      Missed  -16.1
 This summary was machine generated November 1 at 16:56 GMT.  All
figures in US dollars unless otherwise stated