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Belden To Reaffirm Guidance At Investor Day: Sees Q4 Adj. EPS $0.63-$0.78 vs $0.72 Est., Sales $460M-$485M vs $475.04M Est.; Sees FY20 Adj. EPS $2.47-$2.62 vs $2.57 Est., Sales $1.824B-$1.849B vs $1.84B Est.


Benzinga | Dec 15, 2020 06:04AM EST

Belden To Reaffirm Guidance At Investor Day: Sees Q4 Adj. EPS $0.63-$0.78 vs $0.72 Est., Sales $460M-$485M vs $475.04M Est.; Sees FY20 Adj. EPS $2.47-$2.62 vs $2.57 Est., Sales $1.824B-$1.849B vs $1.84B Est.

Belden Inc. (NYSE:BDC), a leading global supplier of specialty networking solutions, will host its 2020 Investor Day webcast today at 10:00 am Eastern Time.

Roel Vestjens, President and Chief Executive Officer, and Henk Derksen, SVP -- Finance and Chief Financial Officer, will provide a detailed update on the Company's strategy for creating shareholder value. A question and answer session will follow the presentation.

During the presentation, the Company will reaffirm its current guidance for the fourth quarter and full year ending December 31, 2020.

The Company expects fourth quarter 2020 revenues to be $460 - $485 million. For the full year ending December 31, 2020, the Company expects revenues to be $1.824 - $1.849 billion.

The Company expects fourth quarter 2020 GAAP EPS to be $0.13 - $0.28. For the full year ending December 31, 2020, the Company expects GAAP EPS of $0.99 - $1.14.

The Company expects fourth quarter 2020 adjusted EPS to be $0.63 - $0.78. For the full year ending December 31, 2020, the Company expects adjusted EPS of $2.47 - $2.62.






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