Belden (BDC) Tops Q1 EPS by 5c; Raises Outlook

Belden (NYSE: BDC) reported Q1 EPS of $1.16, $0.05 better than the analyst estimate of $1.11. Revenue for the quarter came in at $607.4 million versus the consensus estimate of $584.55 million.

GUIDANCE:

Belden sees Q2 2018 EPS of $1.41-$1.52, versus the consensus of $1.47. Belden sees Q2 2018 revenue of $650-670 million, versus the consensus of $644.32 million.

Belden sees FY2018 EPS of $6.23-$6.48, versus prior of $5.95 - $6.20 and the consensus of $6.09. Belden sees FY2018 revenue of $2.633-2.683 billion, versus prior of $2.528 - $2.578 billion and the consensus of $2.55 billion.

For earnings history and earnings-related data on Belden (BDC) click here.

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