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Belden Forecasts Strong Revenue and EPS Growth for Q1

Belden (BDC) anticipates significant growth in its upcoming Q1 results. Expected revenues range from $605M to $620M, signaling a robust 13%-16% increase from last year. Investors should note the expected GAAP EPS also shows promising growth, predicted between $1.03 and $1.13.

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AI Rating:   7

Revenue Growth: Belden is forecasting revenues for the first quarter to be in the range of $605 million to $620 million, which translates to a robust increase of 13% to 16% compared to the same quarter of the previous year. This positive outlook on revenue is indicative of strong demand and a growing market presence.

Earnings Per Share (EPS): The company expects GAAP EPS in the range of $1.03 to $1.13 for the first quarter, which represents an increase of 14% to 26% year-over-year. This is a strong indicator of potential profitability and investor confidence. Additionally, adjusted EPS is projected to be between $1.43 and $1.53, reflecting a 15% to 23% increase. These expectations surpass analysts' expectations of $1.62 per share, which excludes special items.

Fourth Quarter Performance: In the previously reported fourth quarter, Belden delivered a GAAP EPS of $1.42, marking a notable 56% increase year-over-year. Adjusted EPS was even higher at $1.92, showing a 32% rise, although it fell short of analysts' expectations of $1.69 per share. Revenue for this period stood at $666 million, which indicates a 21% increase and a 14% organic growth.