Belden Q4 revenue up 8%, beats analyst expectations

Overview

• Networking solutions provider's Q4 revenue rose 8% yr/yr, beating analyst expectations

• Adjusted EPS for Q4 beat analyst expectations

• Company repurchased 0.4 mln shares for $45 mln during the quarter

Outlook

• Belden forecasts Q1 2026 revenue between $675 mln and $690 mln

• Company expects Q1 2026 GAAP EPS of $1.21 to $1.31

• Belden anticipates Q1 2026 adjusted EPS between $1.65 and $1.75

Result Drivers

• AUTOMATION SOLUTIONS - Revenue in Automation Solutions rose 10% y/y, driving overall revenue growth

• SOLUTIONS TRANSFORMATION - Strategic realignment to a unified operating model aims to accelerate solutions transformation and improve efficiency

• MARKET TRACTION - Broadened market traction contributed to record revenue and adjusted EPS

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the communications & networking peer group is "buy"

• Wall Street's median 12-month price target for Belden Inc is $144.50, about 1.6% above its February 11 closing price of $142.23

• The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBw2PNBsYa

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