Benchmark Electronics Inc reports results for the quarter ended in March - Earnings Summary

Benchmark Electronics

03/05/2023 22:56

* Benchmark Electronics Inc  BHE.N  reported quarterly
adjusted
earnings of 42 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 42 cents per share.
    * Revenue rose 9.2% to $694.70 million from a year ago;
analysts
expected $660.75 million. 
    * Benchmark Electronics Inc's reported EPS for the quarter
was 35
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Benchmark Electronics Inc shares had fallen by 8.3% this
quarter and lost 18.6% so far this year.
    * The company reported quarterly net income of $12.36
million.
    * Wall Street's median 12-month price target for Benchmark
Electronics Inc is $34.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
3 at 09:56 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.42           0.42           Met
 Dec. 31 2022      0.59           0.60           Beat
 Sep. 30 2022      0.52           0.57           Beat
 Jun. 30 2022      0.41           0.50           Beat