Bel Fuse Forecasts 15.7% Q4 Revenue Growth to $173.4M, EPS $1.10
Bel Fuse’s upcoming Q4 revenue is pegged at $173.4 million, a 15.7% year-on-year gain, following a previous quarter revenue beat of 3.7% with $179 million, up 44.8% annually. Adjusted EPS is projected at $1.10 as analysts maintain estimates after peers Advanced Energy and Belden topped forecasts by 3.3%.
1. Q3 Performance
Last quarter, Bel Fuse delivered $179 million in revenue, up 44.8% year-on-year and beating analyst projections by 3.7%, alongside stronger-than-expected EPS and EBITDA margins.
2. Q4 Projections
Analysts forecast Q4 revenue of $173.4 million, representing a 15.7% annual increase, and adjusted EPS of $1.10, with estimates held steady over the past month.
3. Peer Benchmarking
Advanced Energy and Belden both surpassed Q4 revenue forecasts by 3.3%, prompting segment share gains; Advanced Energy shares rose 10.7% and Belden gained 5.1% post-results, suggesting positive sentiment for Bel Fuse.