Belden Inc expected to post earnings of $1.64 a share - Earnings Preview

Belden

06/02/2023 14:07

* Belden Inc  BDC.N   BDC  is expected to show a rise in
quarterly
revenue when it reports  results on February 8. 
    * The St. Louis Missouri-based  company is expected to
report  a
0.6% increase in revenue to $642.956 million from $638.91
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
November 2 2022, for the period ended December 31, was for
revenue between $635.00 million and $650.00 million.
    * ​Refinitiv's mean analyst estimate for Belden Inc is for
earnings of $1.64 per share. The company's EPS guidance on
November 2 2022, for the period ended December 31, was between
$1.60 and $1.70 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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
$88.5​, above​ its last closing price of $84.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.56        1.56       1.77      Beat    13.2
 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.        1.18        1.18       1.31      Beat    11.2
 30 2021                                                
 Jun. 30 2021  0.94        0.93       1.21      Beat    29.5​
 Mar. 31 2021  0.65        0.66       0.94      Beat    43.2
 Dec. 31 2020  0.84        0.77       0.90      Beat    16.7
 This summary was machine generated February 6 at 14:07 GMT.  All
figures in US dollars  unless otherwise stated