Bel Fuse Sees Q3 Sales $118M-$126M Vs $130.177M
Portfolio Pulse from Benzinga Newsdesk
Bel Fuse Inc. has projected its Q3 sales to be between $118 million and $126 million, which is lower than the previous estimate of $130.177 million.
July 24, 2024 | 8:44 pm
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Bel Fuse Inc. has revised its Q3 sales projection to $118M-$126M, which is below the previous estimate of $130.177M. This could indicate potential challenges in meeting sales targets.
The downward revision in sales projection suggests that Bel Fuse Inc. may be facing challenges in achieving its sales targets. This could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100