Belden (BDC)

We stick with our current EPS estimates for Belden (BDC; $132.47; E/W) into the company’s Q1 results and guidance, which are scheduled for April 30th (before market). Admittedly, BDC may be only one of the…

We adjust our 2026E EPS for Belden (BDC; $150.91; E/W) from $7.70 to $7.75, vs. $7.54 in 2025, after the company produced some Q4 EPS upside with Q1E guidance that was generally in line with…

Belden (BDC; $142.23; E/W) reported Q4 non-GAAP EPS of $2.08, which beat our consensus matching $1.95 on some better-than-expected sales ($720mm vs. our and the Street’s $697mm). We estimate non-operating items were a $0.04 per…

Yesterday (12/11), we hosted a virtual investor meeting for Belden’s (BDC; $124.89; E/W) CFO Jeremy Parks and VP of IR, Aaron Reddington, which highlighted ongoing progress towards increasing the company’s mix of higher margin full…

We are raising our 2025/2026E EPS for Belden (BDC; $122.26; E/W) from $7.30/$7.45 to $7.42/$7.70 after the company produced some Q3 EPS upside with Q4E guidance that was ahead of our and Street estimates. BDC…

We think recent news flow out of Belden (BDC; $128.89; E/W) related to the company’s networking and connectivity solutions for more advanced data center markets, where the company’s exposure historically has been limited, highlights how…

We are adjusting our 2025/2026E EPS for Belden (BDC; $123.65; E/W) from $7.25/$7.75 to $7.30/$7.45 after the company produced some Q2 EPS upside and provided Q3E guidance that encompassed Street estimates. We note that we…

We believe the recent EPS season news flow is supportive of the idea that Belden (BDC; $128.56; E/W) can produce some Q2 EPS upside with Q3E guidance that lives up to our somewhat above consensus…

We bump up our 2025/2026E EPS for Belden (BDC; $101.35; E/W) from $7.00/$7.70 to $7.25/$7.75 after the company produced some healthy Q1 upside with Q2E guidance that was generally in line with Street expectations.  On…

Belden (BDC; $103.11; E/W) reported Q1 non-GAAP EPS of $1.60, which beat our $1.48 and the Street’s $1.49 on sales of $625mm (vs. our $613mm and the Street’s $616mm). Recall, BDC’s Q1 guidance called for…

The shares of Belden (BDC; $93.48; E/W) are down 17% YTD, including -11% since the U.S. announced a first version of new import tariffs on April 2nd, ahead of the company’s Q1 results and outlook,…

We reduce our 2025E EPS for Belden (BDC; $115.06; E/W) from $7.55 to $7.00 after it produced some Q4 sales and operating profit upside (see table), but with disappointing Q1E guidance, due to incremental currency…

Belden (BDC; $116.29; E/W) reported Q4 non-GAAP EPS of $1.92 which was ahead of our $1.70 and the Street’s $1.69, albeit including $0.18 of benefits from non-operating items vs. our modeling. At the same time,…

We adjust our 2024/2025E EPS for Belden (BDC; $116.14; E/W) from $5.95/$7.55 to $6.15/$7.55 after it produced solid Q3 results and guidance. Q3 non-GAAP EPS of $1.70 came in comfortably ahead of our $1.60 and…

Yesterday (9/12), we attended Belden’s (BDC; $100.93; E/W) Investor Day, which was held in Chicago, at one of its Customer Innovation Centers (CIC), to further highlight the company’s thoughtful focus on expanding its mix of…