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BDC — Belden News Story

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Belden Inc expected to post earnings of $1.69 a share - Earnings Preview

* Belden Inc  BDC.N   BDC  is expected to show a rise in
quarterly
revenue when it reports  results on February 6 for the period
ending December 31 2024
    * The St. Louis Missouri-based  company is expected to
report a
18.8% increase in revenue to $654.764 million from $551.24
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on October
31 2024, for the period ended December 31, was for revenue
between $645.00 million and $660.00 million.
    * ​LSEG's mean analyst estimate for Belden Inc is for
earnings of
$1.69 per share. The company's EPS guidance on October 31 2024,
for the period ended December 31, was between $1.62 and $1.72 
    * 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
$139.00​, above​ its last closing price of $113.44. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.61        1.61       1.70      Beat    5.7
 Jun. 30 2024  1.37        1.37       1.51      Beat    10.5
 Mar. 31 2024  1.06        1.06       1.24      Beat    16.6​
 Dec. 31 2023  1.13        1.13       1.46      Beat    29.5
 ​​Sep.        1.76        1.76       1.78      Beat    0.9
 30 2023                                                
 Jun. 30 2023  1.77        1.77       1.91      Beat    8.2​
 Mar. 31 2023  1.54        1.54       1.68      Beat    8.8
 Dec. 31 2022  1.66        1.64       1.75      Beat    6.7
 This summary was machine generated February 4 at 13:43 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)

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