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

Benchmark Electronics

25/10/2022 01:08

* Benchmark Electronics Inc  BHE.N   BHE  is expected
to show a
rise in quarterly revenue when it reports  results on October
26. 
    * The Tempe Arizona-based  company is expected to report  a
28.8% increase in revenue to $736.75 million from $571.88
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
August 3 2022, for the period ended September 30, was for
revenue between 715.00 million and 755.00 million.
    * ​Refinitiv's mean analyst estimate for Benchmark
Electronics Inc
is for earnings of 52 cents per share. The company's EPS
guidance on August 3 2022, for the period ended September
30, was between 0.49 and 0.55 
    * 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 $28.26. ​​​

The company's guidance on August 3 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
25.025 million and 27.935 million.The company's guidance on
August 3 2022 for the period ended September 30 was for gross
profit margin of 9.4%.
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 2022  0.41        0.41       0.50      Beat    22
 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
 ​​Jun.        0.26        0.26       0.27      Beat    3.8
 30 2021                                                
 Mar. 31 2021  0.20        0.20       0.21      Beat    6.8​
 Dec. 31 2020  0.33        0.33       0.34      Beat    2
 Sep. 30 2020  0.28        0.28       0.32      Beat    14.3
 This summary was machine generated October 25 at 00:08 GMT.  All
figures in US dollars  unless otherwise stated