While reporting financial results for the first quarter on Thursday, Belden Inc. (BDC) provided its earnings, adjusted earnings and revenue guidance for the second quarter.
For the second quarter, the company expects earnings in a range of $1.25 to $1.35 per share and adjusted earnings in a range of $1.67 to $1.77 per share on revenues between $645 million and $660 million.
On average, five analysts polled expect the company to report earnings of $1.73 per share on revenues of $664.63 million for the quarter. Analysts' estimates typically exclude special items.
For the second quarter, the company reported net income attributable to Belden stockholders of $51.94 million or $1.27 per share, higher than $37.31 million or $0.90 per share last year. Excluding items, adjusted net income were $1.60 per share, compared to $1.24 per share in the year-ago quarter.
Revenues for the quarter grew 17 percent to $624.86 million from $535.68 million in the same quarter last year. Revenues also increased 11 percent organically.
Analysts expected earnings of $1.49 per share on revenues of $616.14 million for the quarter.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.