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

Belden

04/08/2021 15:30

* Belden Inc  BDC.N  reported quarterly adjusted earnings of
$1.21​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 93 cents per share.
* Revenue rose 41.7% to $601.97 million from a year ago; 
analysts expected $542.76 million. 
* Belden Inc's reported EPS for the quarter was 97 cents​.
* The mean earnings estimate of analysts had risen by
about 11.1% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Belden Inc shares had fallen by 2.8% this quarter and
gained 17.3% so far this year.
* The company reported quarterly net income of $43.76 million.
* Wall Street's median 12-month price target for Belden Inc is
$57.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated August 4 at 02:30 p.m.  ​All
figures in US dollars unless otherwise stated