Belden Inc. (BDC) shares plunged 5.16% in pre-market trading on Thursday, following the company's mixed fourth-quarter results and cautious outlook for the first quarter of 2025.
The communications equipment company reported fourth-quarter earnings of $1.92 per share, beating analysts' estimates. However, its revenue of $666 million fell short of expectations. For the full year 2024, Belden reported revenue of $2.46 billion, a 2% decline from the prior year.
Looking ahead, Belden expects first-quarter 2025 revenue to be in the range of $605 million to $620 million, representing a modest increase of 13% to 16% compared to the prior-year quarter. The company cited typical seasonality and a neutral customer posture as they navigate the dynamic environment. Belden's adjusted earnings per share guidance for the first quarter of $1.43 to $1.53 also fell short of analysts' expectations.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。