Benchmark Electronics Reports First Quarter Results

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B. Riley Downgrades Benchmark (BHE) to Neutral

April 22, 2016 6:36 AM EDT

B. Riley downgraded Benchmark (NYSE: BHE) from Buy to Neutral with a price target of $19.00 (from $28.00).

For an analyst ratings summary and ratings history on Benchmark click here. For more ratings news on Benchmark click here.

Shares of Benchmark closed at $19.48 yesterday.

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Benchmark Electronics (BHE) Misses Q1 EPS by 6c; Offers Light Q2 Outlook

April 21, 2016 8:47 AM EDT

Benchmark Electronics (NYSE: BHE) reported Q1 EPS of $0.26, $0.06 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $549 million versus the consensus estimate of $575.13 million.

GUIDANCE:

Benchmark Electronics sees Q2 2016 EPS of $0.29 - $0.33, versus the consensus of $0.38.... More