BDC Earnings Prediction
The chart below shows how BDC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BDC sees a -1.84% change in stock price 10 days leading up to the earnings, and a +3.19% change 10 days following the report. On the earnings day itself, the stock moves by +1.99%. This data can give you a slight idea of what to expect for the next quarter's release.
BDC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
654.93M
4.49%
8.37%
Gross Margin
35.16%
-4.95%
-2.01%
Operating Margin
11.50%
-18.27%
0.88%
Net Margin
8.20%
-28.94%
1.11%
EPS
1.30
-23.53%
9.24%
No Data Available
BDC Earnings Analysis
Belden Inc. Corporation (BDC.N) Earnings Conference Call
Positive
Q3 Revenue Performance: 1. Strong Revenue Growth: Belden reported revenue of $655 million for Q3 2024, an 8% sequential increase and exceeding the high end of guidance by $5 million.
Earnings Per Share Surge: 2. Increased Earnings Per Share: The company achieved earnings per share of $1.70, which is a 13% sequential increase and above the guidance range of $1.65.
Order Growth Momentum: 3. Order Growth: Orders increased by 8% sequentially and 28% year-over-year, marking the fourth consecutive quarter of order growth across both segments.
Strong Free Cash Flow: 4. Robust Free Cash Flow: Belden generated trailing-twelve-month free cash flow of $211 million, aligning with expectations and supporting ongoing capital deployment.
Cybersecurity Acquisition Strategy: 5. Successful Acquisition: The acquisition of Voleatech for $6 million enhances Belden's cybersecurity capabilities, strategically positioning the company to unify security across its active products.
Negative
Organic Revenue Decline: 1. Declining Organic Revenue: Organic revenue decreased by 2% year-over-year, with Automation Solutions down 3% and Smart Infrastructure Solutions down 1%.
Declining Gross Profit Margins: 2. Decreased Gross Profit Margins: Gross profit margins fell by 40 basis points sequentially to 37.8%.
Automation Solutions Decline: 3. Weak Performance in Automation Solutions: Revenue in the Automation Solutions segment was down 2% compared to the prior year, with EBITDA margins declining from 22.5% to 21.4%.
Cash Decline Analysis: 4. Cash and Cash Equivalents Decline: Cash and cash equivalents dropped significantly from $597 million in Q4 2023 to $323 million at the end of Q3 2024, largely due to cash used for acquisitions.
EPS Target Challenges: 5. Uncertain Path to $8 EPS Target: The company acknowledged challenges in achieving the previously set $8 EPS target for 2025, citing a need for mid-single digit organic growth and favorable market conditions.
BDC FAQs
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BDC Earning Call Sentiment
Belden Inc. (BDC) Q3 2024 Earnings Call Transcript
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BDC.N
1.22%Positive
The company exceeded revenue and EPS guidance, demonstrating strong financial performance. The acquisition of Voleatech, despite its small size, enhances product security, a critical market need. The share repurchase program and remaining authorization indicate commitment to shareholder returns. However, gross margins declined slightly, and economic indicators are uncertain. The Q&A session revealed management's strategic focus and positive market dynamics, though some responses lacked clarity. With a market cap of $3.75 billion, these factors collectively suggest a positive stock price movement in the 2% to 8% range over the next two weeks.