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Belden: Q1 Earnings Insights

Belden (NYSE:BDC) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:30 AM. Here’s what investors…
byBenzinga Insights
May 3, 2023
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Belden (NYSE:BDC) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Belden beat estimated earnings by 9.09%, reporting an EPS of $1.68 versus an estimate of $1.54.

Revenue was up $31.42 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 1.43% drop in the share price the next day.

Here’s a look at Belden’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.64 1.57 1.43 1.09
EPS Actual 1.75 1.77 1.60 1.31
Revenue Estimate 642.96M 634.87M 634.29M 571.84M
Revenue Actual 659.07M 670.49M 666.55M 610.37M

To track all earnings releases for Belden visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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