Bel Fuse's (NASDAQ: BELFA) third quarter financial results release is scheduled for Wednesday 23rd October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the firm is about to reveal an estimated $0.83 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $121 million for this period.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $510.75 million. Further, they expect the earnings per share to achieve profit of $4.65 for the fiscal year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $1.59. This numbers can be credited to the company's total revenue, which amounted to an impressive $158.68 million during the same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.46 | -22.8% | 133.21 M | -21.1% |
| Q1 2024 | $1.19 | -15.6% | 128.09 M | -25.7% |
| Q4 2023 | $1.29 | +1.6% | 140.01 M | -17.3% |
| Q3 2023 | $1.59 | +13.6% | 158.68 M | -10.7% |
| Q2 2023 | $1.89 | +45.4% | 168.78 M | -1.1% |
| *Growth on year-over-year basis | ||||
BELFA will host a conference call with investment community on 24th October 2024 at 08:30 AM eastern time to discuss the financial results.
The previous trading day saw Bel Fuse (BELFA) shares trading between $102.83 and $105.16, besides a volume of 12.00 thousand shares. The stock closed Monday's regular trading session at $103.99, demonstrating 0.84 percent decrease.
