Belden Inc reports results for the quarter ended in December - Earnings Summary

Belden

08/02/2023 17:04

* Belden Inc  BDC.N  reported quarterly adjusted earnings of
$1.75​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of $1.64 per share.
    * Revenue rose 3.2% to $659.07 million from a year ago;
analysts
expected $642.96 million. 
    * Belden Inc's reported EPS for the quarter was $1.42​.
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Belden Inc shares had risen by 15.4% this quarter.
    * The company reported quarterly net income of $61.97
million.
    * Wall Street's median 12-month price target for Belden Inc
is
$88.50 
    * 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." 

This summary was machine generated from Refinitiv data February
8 at 05:04 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.64           1.75           Beat
 Sep. 30 2022      1.56           1.77           Beat
 Jun. 30 2022      1.43           1.60           Beat
 Mar. 31 2022      1.10           1.31           Beat