Benchmark Electronics Sees Q4 Adj. EPS $0.54-$0.60 vs $0.57 Est., Net Sales $675M-$725M vs $730M Est.
Portfolio Pulse from Benzinga Newsdesk
Benchmark Electronics has projected its Q4 adjusted EPS to be between $0.54 and $0.60, compared to the estimated $0.57. The company also expects its net sales to range from $675M to $725M, slightly lower than the estimated $730M.
October 25, 2023 | 8:58 pm
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NEGATIVE IMPACT
Benchmark Electronics' Q4 adjusted EPS and net sales projections are slightly off the estimates. This could potentially impact the company's stock price.
Benchmark Electronics' Q4 projections are slightly lower than the estimates. This could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100