Cable maker Belden's Q2 revenue up 11%, beats estimates

Belden

31/07/2025 12:37

Overview

Belden fiscal Q2 rev grows 11% yr/yr, beating analyst expectations, per LSEG data

Adjusted EPS for fiscal Q2 rises 25%, surpassing analyst estimates, per LSEG data

Company sees solid demand, orders up 16% yr/yr

Outlook

Company expects Q3 2025 revenue between $670 mln and $685 mln

Belden forecasts Q3 2025 GAAP EPS of $1.33 to $1.43

Company anticipates Q3 2025 adjusted EPS of $1.85 to $1.95

Belden sees medium-term opportunities in digitization and network infrastructure

Result Drivers

SOLID DEMAND - Co reports strong demand in both segments, with orders up 16% yr/yr

AUTOMATION SOLUTIONS - Segment sees 8% organic revenue growth, contributing to overall performance

TAX BENEFITS - Adjusted EPS boosted by lower-than-expected tax rate, per CEO Ashish Chand

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$672 mln
$657.90 mln (6 Analysts)
Q2 Adjusted EPS
Beat
$1.89
$1.76 (6 Analysts)
Q2 EPS
$1.53
Q2 Adjusted EBITDA
$114 mln
Q2 Adjusted EBITDA Margin
17.0%


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 $132.00, about 3% above its July 30 closing price of $128.04

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nBw6qc2c7a

(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.)