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.
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:
|Quarter||Q3 2021||Q2 2021||Q1 2021||Q4 2020|
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).
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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