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Belden Q3 2024 Earnings Report

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$113.74 -0.87 (-0.76%)
(As of 12/20/2024 04:32 PM ET)

Belden EPS Results

Actual EPS
$1.70
Consensus EPS
$1.61
Beat/Miss
Beat by +$0.09
One Year Ago EPS
$1.78

Belden Revenue Results

Actual Revenue
$654.90 million
Expected Revenue
$643.63 million
Beat/Miss
Beat by +$11.27 million
YoY Revenue Growth
+4.50%

Belden Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
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Belden Earnings Headlines

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Belden: Upsides Now Captured, Margin Of Safety Now Limited
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About Belden

Belden (NYSE:BDC) designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber to the home, and building automation. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end fiber and copper network systems. This segment serves commercial real estate, education, financial, stadiums and venues, military installations, and broadband and wireless service providers, as well as data centers, governments, healthcare, and hospitality sectors. The Industrial Automation Solutions segment offers network infrastructure and digitization solutions; secure networks for the digitization and automation of industries and infrastructure; and products and solutions covering various aspects of data handling, including acquisition, transmission, orchestration, and management for applications in discrete automation, process automation, energy, and mass transit. It sells its products to distributors, end-users, installers, and original equipment manufacturers (OEMs). The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is headquartered in Saint Louis, Missouri.

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