Belden: Q1 Earnings Insights

Belden 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.

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.

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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