Benchmark Electronics Inc expected to post earnings of 56 cents a share - Earnings Preview

Benchmark Electronics

27/01/2025 21:17

* Benchmark Electronics Inc  BHE.N   BHE  is expected
to show a
fall in quarterly revenue when it reports  results on January 29
for the period ending December 31 2024
    * The Tempe Arizona-based  company is expected to report a
4.4% decrease in revenue to $660.75 million from $691.35 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on October 30 2024,
for the period ended December 31, was for revenue between
$640.00 million and $680.00 million.
    * ​LSEG's mean analyst estimate for Benchmark Electronics
Inc is
for earnings of 56 cents per share. The company's EPS guidance
on October 30 2024, for the period ended December 31, was
between $0.53 and $0.59 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 $48.00​, above​ its last closing price
of $46.91. ​​​

The company's guidance on October 30 2024 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD31.36 million and USD34.68 million.The company's guidance on
October 30 2024 for the period ended December 31 was for Capital
Expenditures between USD12 million and USD14 million.The
company's guidance on October 30 2024 for the period ended
December 31 was for gross profit margin of USD10.2%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.54        0.54       0.57      Beat    5.3
 Jun. 30 2024  0.51        0.51       0.57      Beat    12.3
 Mar. 31 2024  0.46        0.46       0.55      Beat    19.6​
 Dec. 31 2023  0.56        0.56       0.58      Beat    3.1
 ​​Sep.        0.52        0.52       0.57      Beat    8.9
 30 2023                                                
 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
 This summary was machine generated January 27 at 21:17 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)