Benchmark Electronics: Q4 Earnings Insights

Benchmark Electronics BHE reported its Q4 earnings results on Thursday, February 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Benchmark Electronics beat estimated earnings by 17.07%, reporting an EPS of $0.48 versus an estimate of $0.41, which surprised analysts.

Revenue was up $111.80 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01, which was followed by a 7.65% drop in the share price the next day.

Here's a look at Benchmark Electronics's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Benchmark Electronics management provided guidance for their next quarter, expecting earnings between $0.32 and $0.38 per share for the next quarter.

This represents a -27.08% in quarter-over-quarter growth for Benchmark Electronics, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.