earnings
confidence high
sentiment positive
materiality 0.85
Belden Q2 revenue $602M (+42% YoY), EPS $0.97; raises FY21 guidance significantly
BELDEN INC.
2021-Q2 EPS reported
$1.60
revenue$1,138,355,000
- Revenue $602M (+41.7% YoY), net income $44M vs $3.2M YoY.
- Adjusted EBITDA $93.4M (+90% YoY); adjusted EPS $1.21 vs $0.46 YoY.
- Results exceeded high end of Q2 guidance for both revenue and EPS.
- FY2021 revenue guidance raised to $2.318-2.348B (from $2.130-2.180B).
- FY2021 adjusted EPS guidance raised to $4.37-$4.57 (from $3.50-$3.80).