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

Belden

04/05/2022 14:33

* Belden Inc  BDC.N  reported quarterly adjusted earnings of
$1.31​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of $1.10 per share.
    * Revenue rose 13.8% to $610.37 million from a year ago; 
analysts
expected $571.65 million. 
    * Belden Inc's reported EPS for the quarter was 97 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Belden Inc shares had fallen by 5.6% this quarter and
lost 20.4%
so far this year.
    * The company reported quarterly net income of $35.84
million.
    * Wall Street's median 12-month price target for Belden Inc
is
$73.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 4 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated