Belden Q3 2024 Adj EPS $1.70 Beats $1.61 Estimate, Sales $654.93M Beat $643.61M Estimate
Portfolio Pulse from Benzinga Newsdesk
Belden (NYSE:BDC) reported Q3 2024 earnings of $1.70 per share, beating the estimate of $1.61. Sales were $654.93M, surpassing the $643.61M estimate. Despite a decrease in EPS from last year, sales increased by 4.49%.

October 31, 2024 | 11:32 am
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Belden's Q3 2024 earnings per share of $1.70 exceeded expectations, though it was a decrease from last year's $1.78. Sales also surpassed estimates, showing a positive revenue trend.
Belden's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The increase in sales suggests strong business performance, although the decrease in EPS compared to last year may temper enthusiasm slightly. Overall, the beat on estimates is likely to have a positive short-term impact on the stock price.
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