Benchmark Electronics Reports Second Quarter 2018 Results
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Benchmark (BHE) PT Lowered to $32 at RBC Capital
July 25, 2018 7:38 AM EDTRBC Capital lowered its price target on Benchmark (NYSE: BHE) to $32.00 (from $34.00) while maintaining a Sector Perform rating following better-than-expected results but lower guidance.
Analyst Mitch Steves notes EPS guidance was lower as the company is being impacted by a component shortage.
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Benchmark Electronics (BHE) Reports In-Line Q2 EPS, Revenue Beats
July 24, 2018 4:06 PM EDTBenchmark Electronics (NYSE: BHE) reported Q2 EPS of $0.30, in-line with the analyst estimate of $0.30. Revenue for the quarter came in at $661 million versus the consensus estimate of $605 million.
GUIDANCE:
Benchmark Electronics sees Q3 2018 revenue of $610-650 million, versus the consensus of... More
