Benchmark Electronics Sees Q3 EPS $0.51-$0.59 Vs $0.55 Est; Revenue $680M-$720M Vs $715.1M Est
Portfolio Pulse from Benzinga Newsdesk
Benchmark Electronics has projected its Q3 earnings per share (EPS) to be between $0.51 and $0.59, compared to the estimated $0.55. The company also expects its revenue to range from $680 million to $720 million, against the estimated $715.1 million.
July 31, 2023 | 8:42 pm
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Benchmark Electronics' Q3 EPS and revenue forecasts are slightly higher than estimates, which could potentially lead to a positive market reaction.
Benchmark Electronics' Q3 EPS and revenue forecasts are slightly higher than the market estimates. This indicates that the company is performing well and could potentially exceed market expectations, which could lead to a positive market reaction and an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100