Belden Reports Strong Results for First Quarter 2021

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Belden, Inc. (BDC) PT Raised to $61 at Truist Securities Following Earnings

May 5, 2021 1:58 PM EDT

Truist Securities analyst William Stein raised the price target on Belden, Inc. (NYSE: BDC) to $61.00 (from $55.00) while maintaining a Buy rating.

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Belden (BDC) Tops Q1 EPS by 28c, Offers Guidance

May 5, 2021 7:34 AM EDT

Belden (NYSE: BDC) reported Q1 EPS of $0.94, $0.28 better than the analyst estimate of $0.66. Revenue for the quarter came in at $536.4 million versus the consensus estimate of $498.03 million.

GUIDANCE:

Belden sees Q2 2021 EPS of $0.88-$0.98, versus the consensus of $0.75. Belden sees Q2... More