Benchmark Electronics Q2 EPS $0.48 Beats $0.47 Estimate, Sales $733.00M Beat $692.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Benchmark Electronics reported Q2 earnings of $0.48 per share, beating the analyst consensus estimate of $0.47 by 2.13%. This is a 4% decrease from the same period last year. The company also reported quarterly sales of $733.00 million, beating the analyst consensus estimate of $692.50 million by 5.85%. This is a 0.68% increase from the same period last year.
July 31, 2023 | 8:29 pm
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POSITIVE IMPACT
Benchmark Electronics reported better than expected Q2 earnings and sales, which could positively impact the stock in the short term.
Benchmark Electronics reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100