Benchmark Electronics Q3 2024 Adj. EPS $0.57 Beats $0.54 Estimate, Sales $658.000M Beat $650.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Benchmark Electronics reported Q3 2024 earnings per share of $0.57, surpassing the analyst estimate of $0.54. Sales were $658 million, exceeding the $650 million estimate, but down 8.57% from last year.
October 30, 2024 | 8:24 pm
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Benchmark Electronics exceeded Q3 2024 earnings and sales estimates, with EPS at $0.57 and sales at $658 million. However, sales decreased by 8.57% compared to the previous year.
The positive earnings surprise and sales beat are likely to have a favorable short-term impact on BHE's stock price. However, the year-over-year sales decline may temper investor enthusiasm.
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