Bel Fuse (BELFA) Set to Announce Quarterly Earnings on Wednesday

Bel Fuse (NASDAQ:BELFA) will issue its quarterly earnings data after the market closes on Wednesday, October 23rd. Bel Fuse has set its Q3 2024 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Bel Fuse (NASDAQ:BELFA) last issued its quarterly earnings results on Wednesday, July 24th. The scientific and technical instruments company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.59. The firm had revenue of $133.21 million during the quarter. Bel Fuse had a return on equity of 21.62% and a net margin of 11.81%.

Bel Fuse Stock Performance

NASDAQ:BELFA opened at $103.99 on Tuesday. The business has a 50 day moving average of $93.45 and a 200 day moving average of $83.78. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 18.47 and a beta of 1.28. Bel Fuse has a 1-year low of $38.82 and a 1-year high of $105.60. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.19 and a quick ratio of 2.76.

Bel Fuse Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be paid a $0.06 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $0.24 dividend on an annualized basis and a yield of 0.23%. Bel Fuse’s dividend payout ratio (DPR) is currently 4.26%.

About Bel Fuse

Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.