Bel Fuse Sees Q4 Sales $117.000M-125.000M vs $128.50M Est.
Portfolio Pulse from Benzinga Newsdesk
Bel Fuse (NASDAQ:BELFA) has projected its Q4 sales to be between $117 million and $125 million, which is below the market estimate of $128.50 million.
October 23, 2024 | 8:31 pm
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Bel Fuse's Q4 sales projection of $117M-$125M falls short of the $128.50M market estimate, potentially impacting investor sentiment negatively.
The company's projected sales are below market expectations, which typically leads to negative investor sentiment and potential short-term stock price decline.
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