Belden Inc expected to post earnings of $1.56 a share - Earnings Preview

Belden

31/10/2022 18:27

* Belden Inc  BDC.N   BDC  is expected to show a rise in
quarterly
revenue when it reports  results on November 2. 
    * The St. Louis Missouri-based  company is expected to
report  a
0.6% increase in revenue to $634.87 million from $630.84 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on August 3
2022, for the period ended September 30, was for revenue between
$625.00 million and $640.00 million.
    * ​Refinitiv's mean analyst estimate for Belden Inc is for
earnings of $1.56 per share. The company's EPS guidance on
August 3 2022, for the period ended September 30, was between
USD1.5 and USD1.6 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "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
$78​, above​ its last closing price of $70.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.43        1.43       1.60      Beat    11.9
 Mar. 31 2022  1.10        1.10       1.31      Beat    19.2
 Dec. 31 2021  1.27        1.27       1.32      Beat    4.2​
 Sep. 30 2021  1.18        1.18       1.31      Beat    11.2
 ​​Jun.        0.94        0.93       1.21      Beat    29.5
 30 2021                                                
 Mar. 31 2021  0.65        0.66       0.94      Beat    43.2​
 Dec. 31 2020  0.84        0.77       0.90      Beat    16.7
 Sep. 30 2020  0.60        0.61       0.72      Beat    18.5
 This summary was machine generated October 31 at 18:27 GMT.  All
figures in US dollars  unless otherwise stated