BELFA Earnings Prediction
The chart below shows how BELFA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BELFA sees a -0.42% change in stock price 10 days leading up to the earnings, and a +0.17% change 10 days following the report. On the earnings day itself, the stock moves by -1.88%. This data can give you a slight idea of what to expect for the next quarter's release.
BELFA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
128.09M
-25.68%
-8.51%
Gross Margin
37.53%
20.52%
2.65%
Operating Margin
13.99%
11.92%
-3.38%
Net Margin
12.39%
46.45%
44.07%
EPS
1.25
9.65%
32.98%
No Data Available
BELFA Earnings Analysis
Bel Fuse Inc. Corporation (BELFA.O) Earnings Conference Call
Positive
- ** The company benefits from the diversity of its segments, with strength in Connectivity on the sales side and impressive profitability from both Connectivity and Power segments.
- ** Bel Fuse saw continued margin expansion on a lower sales base, with gross margins increasing to 37.5% in Q1 '24 from 31.1% in Q1 '23. This improvement was driven by Power and Connectivity segments.
- ** The company ended the quarter with $121.2 million in cash and securities and generated $6.2 million in cash flows from operating activities during the first quarter of 2024.
- ** Bel Fuse is optimistic about growth in the space and AI markets. The company has secured significant design wins in space applications and sees potential benefits from the industry's transition to AI, especially in the Power segment.
- ** The company is actively reviewing potential M&A targets and sees a more robust pipeline of opportunities becoming available in 2024. This strategic approach to growth demonstrates a forward-thinking mindset.
Negative
- Sales in the Power and Magnetics segments have declined significantly, leading to a decrease in overall sales for the company.
- Margins are expected to normalize in the upcoming quarters after being impacted by one-time items in the first quarter of 2024.
- The company anticipates a slow and steady recovery in the second half of 2024, with uncertainties regarding the degree and speed of rebound in various product lines and end markets.
- The company has experienced a reduction in inventory levels, primarily in raw materials and finished goods, as they continue to work through their own inventory on hand.
- While there are opportunities in the M&A market, the company is actively reviewing potential targets but has nothing to report at the moment.
