Benchmark Electronics, Inc. (NYSE:BHE) is expected to report third quarter earnings results, after market close, on Wednesday 28th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.28 per share from revenue of $ 511.33 million.
Looking ahead, the full year income are expected at $ 0.89 per share on the revenues of $ 2036.95 million.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.26 ~ $ 0.30 per share, while revenues are expected in a range of $ 490.00 million ~ $ 530.00 million
Click Here For More Historical Outlooks Of Benchmark Electronics, Inc.
Previous Quarter Performance
Benchmark Electronics, Inc. communicated income for the second quarter of $ 0.07 per share, from the revenue of $ 490.97 million. The quarterly earnings decreased 80.56 percent while revenues decreased 18.39 percent compared with the same quarter last year.
Street analysts expected Benchmark Electronics, Inc. to report income of $ 0.09 per share on revenue of $ 474.33 million for the second quarter. The bottom line results missed street analysts by $ 0.02 or 22.22 percent, at the same time, top line results outshined analysts by $ 16.64 million or 3.51 percent.
Stock Performance
Shares of Benchmark Electronics, Inc. traded low $ -0.05 or -0.24 percent on Tuesday, reaching $ 20.50 with volume of 158.10 thousand shares. Benchmark Electronics, Inc. has traded high as $ 20.61 and has cracked $ 20.29 on the downward trend
According to the previous trading day, closing price of $ 20.50, representing a 46.16 % increase from the 52 week low of $ 14.06 and a 44.99 % decrease over the 52 week high of $ 37.36.
The company has a market capital of $ 747.45 million and is part of the Technology sector and Contract Manufacturers industry.
Conference Call
Benchmark Electronics, Inc. will be hosting a conference call at 5:00 PM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bench.com
Benchmark Electronics, Inc., together with its subsidiaries, provides product design, engineering services, technology solutions, and advanced manufacturing services in the Americas, Asia, and Europe. The company offers engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing, and automation equipment design and build services. It also provides electronics manufacturing and testing services, such as printed circuit board assembly and test solutions, assembly of subsystems, circuitry and functionality testing of printed assemblies, environmental and stress testing, and component reliability testing; component engineering services; manufacturing defect analysis, in-circuit testing, functional testing, flexible test solutions, environmental stress tests of assemblies of boards or systems; and failure analysis.
