Benchmark Electronics Inc reports results for the quarter ended in September 30 - Earnings Summary

Benchmark Electronics

31/10/2024 03:06

* Benchmark Electronics Inc  BHE.N  reported quarterly
adjusted
earnings of 57 cents​​ per share for the quarter ended September
30, identical to the same quarter last year.  The mean
expectation of four analysts for the quarter was for earnings of
54 cents per share. Wall Street expected results to range from
53 cents to 55 cents per share.
    * Revenue fell 8.6% to $657.75 million from a year ago;
analysts
expected $650.00 million. 
    * Benchmark Electronics Inc's reported EPS for the quarter
was 42
cents​.
    * The company reported quarterly net income of $15.37
million.
    * Benchmark Electronics Inc shares had risen by 2.1% this
quarter and gained 63.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the electronic
equipment & parts peer group is  "hold."

Wall Street's median 12-month price target for Benchmark
Electronics Inc is 45.00 
This summary was machine generated from LSEG data October 31 at
03:05 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.54           0.57           Beat
 Jun. 30 2024      0.51           0.57           Beat
 Mar. 31 2024      0.46           0.55           Beat
 Dec. 31 2023      0.56           0.58           Beat