Benchmark Electronics: Q4 Earnings Insights - Benchmark Electronics (NYSE:BHE)

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.

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
EPS Estimate	0.38	0.26	0.20	0.33
EPS Actual	0.39	0.27	0.21	0.34
Revenue Estimate	580.67M	531.67M	502.33M	521.33M
Revenue Actual	571.88M	544.66M	505.72M	521.25M

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