Overview
Belden Q3 revenue grows 7% yr/yr to $698 mln, beating analyst expectations
Adjusted EPS for Q3 rises 16% yr/yr, surpassing consensus estimates
Company repurchased 0.4 mln shares for $50 mln in Q3
Outlook
Belden forecasts Q4 2025 revenue between $690 mln and $700 mln
Company expects Q4 2025 GAAP EPS of $1.40 to $1.50
Belden projects Q4 2025 adjusted EPS between $1.90 and $2.00
Result Drivers
AUTOMATION SOLUTIONS - Segment revenue increased 10%, driving overall growth
SOLUTIONS TRANSFORMATION - Contributed to 16% increase in adjusted EPS
CAPITAL ALLOCATION - Share repurchases enhanced shareholder value
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$698 mln
$679.30 mln (6 Analysts)
Q3 Adjusted EPS
Beat
$1.97
$1.92 (6 Analysts)
Q3 EPS
$1.41
Q3 Adjusted EBITDA
$119 mln
Q3 Adjusted EBITDA Margin
17%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the communications & networking peer group is "buy"
Wall Street's median 12-month price target for Belden Inc is $145.00, about 17.7% above its October 29 closing price of $119.37
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago
Press Release: ID:nBw4H6zXxa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)