Belden Expects Q3 Adj. EPS Of $1.55 - $1.65 Vs. Consensus Of $1.37 And Revenue Of $635M-$650M Vs. Consensus Of $574.320M
Portfolio Pulse from Benzinga Newsdesk
Belden Inc. (BDC) has announced its Q3 adjusted EPS expectations to be between $1.55 and $1.65, significantly higher than the consensus of $1.37. Additionally, the company expects revenue to be between $635 million and $650 million, surpassing the consensus estimate of $574.32 million.
August 01, 2024 | 11:36 am
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Belden Inc. (BDC) has raised its Q3 adjusted EPS expectations to $1.55-$1.65, well above the consensus of $1.37. The company also expects revenue to be $635M-$650M, significantly higher than the consensus estimate of $574.32M.
Belden's raised EPS and revenue expectations significantly exceed market consensus, indicating strong financial performance. This is likely to positively impact the stock price in the short term.
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