Belden's Fiscal Q1 Adjusted Earnings, Revenue Rise, Q2 Outlook Set

MT Newswires Live
01 May

Belden (BDC) reported fiscal Q1 adjusted earnings Thursday of $1.60 per diluted share, up from $1.24 a year earlier.

Analysts polled by FactSet expected $1.49.

Revenue for the quarter ended March 30 was $624.9 million, compared with $535.7 million a year earlier.

Analysts surveyed by FactSet expected $615.6 million.

For fiscal Q2, the company expects adjusted EPS of $1.67 to $1.77 on revenue of $645 million to $660 million. Analysts polled by FactSet expect earnings of $1.72 and revenue $662.2 million.

Belden shares were 1% lower in recent trading.

Price: 101.77, Change: -1.34, Percent Change: -1.30

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10