Benchmark Electronics Inc expected to post earnings of 42  cents a share - Earnings Preview

Benchmark Electronics

02/05/2023 03:07

* Benchmark Electronics Inc  BHE.N   BHE  is expected
to show a
rise in quarterly revenue when it reports  results on May 3. 
    * The Tempe Arizona-based  company is expected to report  a
3.9% increase in revenue to $660.75 million from $636.08 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. The company's guidance on February 1
2023, for the period ended March 31, was for revenue between
640.00 million and 680.00 million.
    * ​Refinitiv's mean analyst estimate for Benchmark
Electronics Inc
is for earnings of 42 cents per share. The company's EPS
guidance on February 1 2023, for the period ended March 31, was
between 0.39 and 0.45 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Benchmark
Electronics Inc is $34.5​, above​ its last closing price
of $21.79. ​​​

The company's guidance on February 1 2023 for the period ended
March 31 was for Capital Expenditures between 20 million and 25
million.The company's guidance on February 1 2023 for the period
ended March 31 was for gross profit margin between 9.5% and
9.7%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.60        0.59       0.60      Beat    2.2
 Sep. 30 2022  0.52        0.52       0.57      Beat    9.1
 Jun. 30 2022  0.41        0.41       0.50      Beat    22​
 Mar. 31 2022  0.34        0.34       0.44      Beat    27.9
 ​​Dec.        0.40        0.41       0.48      Beat    18
 31 2021                                                
 Sep. 30 2021  0.39        0.38       0.39      Beat    1.7​
 Jun. 30 2021  0.26        0.26       0.27      Beat    3.8
 Mar. 31 2021  0.20        0.20       0.21      Beat    6.8
 This summary was machine generated May 2 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated