While reporting financial results for the first quarter on Wednesday, Belden Inc. (BDC) raised its earnings, adjusted earnings and revenue guidance for the full year 2022, to reflect better than expected performance in the quarter, an improved outlook for the remainder of the year, and recent accretive capital deployments.
For fiscal 2022, the company now projects earnings in a range of $4.31 to $4.61 per share and adjusted earnings in a range of $5.55 to $5.85 per share on revenues between $2.48 billion and $2.53 billion.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.