What Is In The Store For Benchmark Electronics ($BHE) Q3 2024 Earnings?

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Benchmark Electronics (NYSE: BHE) is scheduled to reveal its financial results for the third quarter on Wednesday 30th October 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.

Financial analysts on Wall Street are predicting that the concern is about to reveal an estimated $0.54 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $650 million for this period.

Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.57 per share. This number was attributed to the company's total revenue, which settled at an impressive $719.7 million during the same period.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $2.65 billion. Additionally, they are expecting the company to report profit of $2.22 per share for the fiscal year 2024.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.57 +18.8% 665.90 M -9.2%
Q1 2024 $0.55 +31.0% 675.58 M -2.8%
Q4 2023 $0.58 -3.3% 691.35 M -7.9%
Q3 2023 $0.57 0% 719.70 M -6.7%
Q2 2023 $0.48 -4.0% 733.23 M +0.7%
*Growth on year-over-year basis

 

BHE has scheduled a conference call on 30th October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.

Monday's trading saw Benchmark Electronics (BHE) shares hit a low of $44.76 and a high of $45.27, with a day volume of 181.70 thousand shares. The stock closed the regular trading session at $45.17, indicating 1.48 percent gain.