Benchmark Electronics Q1 revenue slightly beats estimates

Benchmark Electronics

29/04/2026 21:44

Overview

Electronics manufacturing services provider's Q1 revenue slightly beat analyst expectations

Adjusted EPS for Q1 beat analyst consensus

Outlook

Benchmark raises full-year 2026 revenue growth outlook to 9-10% from mid-single-digit growth

Company expects Q2 2026 revenue between $700 mln and $740 mln

Benchmark sees Q2 2026 non-GAAP EPS between $0.65 and $0.71

Result Drivers

SECTOR MOMENTUM - Co said results were led by strengthening in Semi-Cap and continued momentum in AC&C and Medical sectors

CUSTOMER INITIATIVES - Co attributed improved results to customer-first initiatives implemented over the past two years

Company press release: ID:nBw4GKSKva

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$677 mln
$676.67 mln (3 Analysts)
Q1 Adjusted EPS
Beat
$0.58
$0.56 (4 Analysts)
Q1 EPS
$0.36


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

Wall Street's median 12-month price target for Benchmark Electronics Inc is $62.00, about 9.9% below its April 28 closing price of $68.81

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)