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

Belden

03/05/2023 14:32

* Belden Inc  BDC.N  reported quarterly adjusted earnings of
$1.68​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
$1.54 per share.
    * Revenue rose 5.1% to $641.79 million from a year ago;
analysts
expected $624.56 million. 
    * Belden Inc's reported EPS for the quarter was $1.45​.
    * The mean earnings estimate of analysts had risen by
about 5.4%
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 8.4% this quarter and
gained 10.6% so far this year.
    * The company reported quarterly net income of $63.19
million.
    * Wall Street's median 12-month price target for Belden Inc
is
$105.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.54           1.68           Beat
 Dec. 31 2022      1.64           1.75           Beat
 Sep. 30 2022      1.56           1.77           Beat
 Jun. 30 2022      1.43           1.60           Beat