Belden Inc expected to post earnings of $1.61 a share - Earnings Preview

Belden

29/10/2024 13:34

* Belden Inc  BDC.N   BDC  is expected to show a rise in
quarterly
revenue when it reports  results on October 31 for the period
ending September 30 2024
    * The St. Louis Missouri-based  company is expected to
report a
2.7% increase in revenue to $643.609 million from $626.81
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on August 1
2024, for the period ended September 30, was for revenue between
$635.00 million and $650.00 million.
    * ​LSEG's mean analyst estimate for Belden Inc is for
earnings of
$1.61 per share. The company's EPS guidance on August 1 2024,
for the period ended September 30, was between $1.55 and $1.65 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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
$120.00​, above​ its last closing price of $118.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.37        1.37       1.51      Beat    10.5
 Jan. 1 0001   1.06        1.06       1.24      Beat    
 Jan. 1 0001   1.13        1.13       1.46      Beat    29.5​
 Sep. 30 2023  1.76        1.76       1.78      Beat    0.9
 ​​Jun.        1.77        1.77       1.91      Beat    8.2
 30 2023                                                
 Jan. 1 0001   1.54        1.54       1.68      Beat    8.8​
 Jan. 1 0001   1.66        1.64       1.75      Beat    6.7
 Jan. 1 0001   1.56        1.56       1.77      Beat    13.2
 This summary was machine generated October 29 at 13:34 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)