* Bel Fuse Inc is expected to show a fall in quarterly revenue when it reports results on October 23 for the period ending January 1 0001
* The West Orange New Jersey-based company is expected to report a 22.7% decrease in revenue to $122.61 million from $158.68 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on July 24 2024, for the period ended September 30, was for revenue between $118.00 million and $126.00 million.
* LSEG's mean analyst estimate for Bel Fuse Inc is for earnings of 93 cents per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Bel Fuse Inc is 80.00, below its last closing price of $83.56.
The company's guidance on July 24 2024 for the period ended September 30 was for gross profit margin between USD34% and USD36%. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 0.90 0.93 1.54 Beat 65.7
Mar. 31 2024 0.87 0.97 1.26 Beat 30.3
Dec. 31 2023 1.41 1.41 1.37 Missed -2.6
Jan. 1 0001 1.27 1.27 1.68 Beat 32.3
Jan. 1.23 1.23 1.99 Beat 61.7
1 0001
Mar. 31 2023 0.80 0.80 1.49 Beat 86.3
Jan. 1 0001 1.08 1.08 1.35 Beat 24.9
Sep. 30 2022 0.83 0.83 1.48 Beat 78.3
This summary was machine generated October 21 at 22:00 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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