Benchmark Electronics Inc expected to post earnings of 52  cents a share - Earnings Preview

Benchmark Electronics

24/10/2023 03:01

* Benchmark Electronics Inc  BHE.N   BHE  is expected
to show a
fall in quarterly revenue when it reports  results on October
25. 
    * The Tempe Arizona-based  company is expected to report  a
9.0% decrease in revenue to $701.75 million from $771.58 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Benchmark
Electronics Inc
is for earnings of 52 cents per share. The company's EPS
guidance on July 31 2023, for the period ended September 30, was
between $0.51 and $0.59 
    * 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 $32.5​, above​ its last closing price
of $22.99. ​​​

The company's guidance on July 31 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD31.96 million and USD35.28 million.The company's guidance on
July 31 2023 for the period ended September 30 was for Capital
Expenditures between USD10 million and USD15 million.The
company's guidance on July 31 2023 for the period ended
September 30 was for gross profit margin of USD10%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.47        0.47       0.48      Beat    3
 Mar. 31 2023  0.42        0.42       0.42      Met     -0.1
 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.        0.41        0.41       0.50      Beat    22
 30 2022                                                
 Mar. 31 2022  0.34        0.34       0.44      Beat    27.9​
 Dec. 31 2021  0.40        0.41       0.48      Beat    18
 Sep. 30 2021  0.39        0.38       0.39      Beat    1.7
 This summary was machine generated October 24 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated