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Benchmark Electronics Posts Higher Q4 Results, Provides Q1 Outlook

· 02/05/2021 06:28

11:17 AM EST, 02/05/2021 (MT Newswires) -- Benchmark Electronics (BHE) posted Q4 adjusted earnings Friday of $0.34 per share, up from $0.27 per share a year ago.

Analysts polled by Capital IQ projected EPS of $0.33.

Sales were $521.3 million for the quarter ended Dec. 31, up from $508.4 million a year earlier. The Street forecast was $521.3 million.

The company projected Q1 adjusted EPS of between $0.18 and $0.22 and revenue of between $480 million and $520 million. Analysts polled by Capital IQ pegged the EPS for that quarter at $0.20 on revenue of $503.5 million.

Shares of the company were up more than 4% in morning trading Friday.

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