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FX.co ★ Belden Guides Q4 In Line With Estimates - Update

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typeContent_19130:::2024-10-31T12:54:00

Belden Guides Q4 In Line With Estimates - Update

Belden Inc. (BDC) released its financial performance details for the third quarter on Thursday and shared its projections for the fourth-quarter earnings, adjusted earnings, and revenue, aligning these with market expectations.

Looking ahead to the fourth quarter, Belden anticipates earnings to be within the range of $1.05 to $1.11 per share. The company also forecasts its adjusted earnings to fall between $1.62 and $1.72 per share, alongside expected revenues ranging from $645 million to $660 million.

According to data from six analysts surveyed by Thomson Reuters, Belden is expected to report earnings of $1.66 per share on revenues totaling approximately $647.93 million for the upcoming quarter. It is important to note that analysts' projections typically omit special items.

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