Benchmark Electronics Beats EPS Estimates Despite Revenue Drop

Benchmark Electronics reports earnings that exceed analyst expectations. Despite a revenue decline, the company improves its earnings per share, showcasing resilience in financial performance.

Date: 30-01-2025

AI Rating: 6

Earnings Per Share (EPS): Benchmark Electronics reported a GAAP EPS of $0.50, an increase from $0.49 in the same period last year. The adjusted EPS, which excludes special items, was reported at $0.61, surpassing analyst estimates of $0.56. This indicates a positive trend in profitability and solid performance relative to expectations.

Revenue Growth: The company's revenue fell by 5.0%, from $691.35 million last year to $656.89 million. This decline in revenue could raise concerns among investors as it may suggest potential challenges in market demand or competition.

Guidance: For the next quarter, Benchmark has provided guidance for EPS between $0.48 and $0.54 and revenue guidance ranging from $620 million to $660 million. This conservative outlook reflects concerns over the revenue decline.

Stocks: BHE