Bel Fuse (BELFA) to Release Earnings on Wednesday

Bel Fuse (NASDAQ:BELFA) is set to post its quarterly earnings results after the market closes on Wednesday, October 23rd. Bel Fuse has set its Q3 2024 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

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

Bel Fuse Stock Performance

Shares of BELFA stock opened at $102.87 on Wednesday. The company has a current ratio of 4.19, a quick ratio of 2.76 and a debt-to-equity ratio of 0.17. The stock has a 50 day simple moving average of $91.57 and a 200-day simple moving average of $82.84. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 18.27 and a beta of 1.28. Bel Fuse has a 12-month low of $38.82 and a 12-month high of $105.60.

Bel Fuse Dividend Announcement

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

Bel Fuse Company Profile

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.