Belden Inc reports results for the quarter ended June 30 - Earnings Summary
Belden Inc reports results for the quarter ended June 30 - Earnings Summary
Belden Inc BDC.N reported quarterly adjusted earnings of $2.34 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.89. The mean expectation of five analysts for the quarter was for earnings of $2.02 per share. Wall Street expected results to range from $2.00 to $2.05 per share.
Revenue rose 11.6% to $750.16 million from a year ago; analysts expected $746.65 million.
Belden Inc's reported EPS for the quarter was $1.74.
The company reported quarterly net income of $68.54 million.
Belden Inc shares had fallen by 14.9% this quarter and lost 12.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.1% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"
Wall Street's median 12-month price target for Belden Inc is $152.00, about 32.9% above its last closing price of $102.03
This summary was machine generated from LSEG data July 30 at 04:48 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 2.02 | 2.34 | Beat |
Mar. 31 2026 | 1.70 | 1.77 | Beat |
Dec. 31 2025 | 1.95 | 2.08 | Beat |
Sep. 30 2025 | 1.92 | 1.97 | Beat |
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