Bel Fuse BELFA will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Bel Fuse to report an earnings per share (EPS) of $0.83.
Investors in Bel Fuse are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings Track Record
Last quarter the company beat EPS by $0.59, which was followed by a 9.14% increase in the share price the next day.
Here's a look at Bel Fuse's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.87 | 0.98 | 1.38 | |
| EPS Actual | 1.46 | 1.19 | 1.29 | 1.59 |
| Price Change % | 9.0% | -3.0% | -21.0% | 20.0% |
Tracking Bel Fuse's Stock Performance
Shares of Bel Fuse were trading at $103.99 as of October 21. Over the last 52-week period, shares are up 168.08%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.