Bel Fuse Inc <BELFB.OQ> expected to post earnings of 81 cents a share - Earnings Preview

• Bel Fuse Inc BELFB.OQ, BELFB.O is expected to show a fall in quarterly revenue when it reports results on February 18 for the period ending December 31 2024

• The West Orange New Jersey-based company is expected to report a 9.7% decrease in revenue to $126.408 million from $140.01 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on October 23 2024, for the period ended December 31, was for revenue between $117.00 million and $125.00 million.

• ​LSEG's mean analyst estimate for Bel Fuse Inc is for earnings of 81 cents per share.

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Bel Fuse Inc is $95.00​, above​ its last closing price of $82.93. ​​​

The company's guidance on October 23 2024 for the period ended December 31 was for gross profit margin between USD34% and USD36%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated February 14 at 21:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)