Belden: Q3 Earnings Snapshot

Associated Press Finance
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ST. LOUIS (AP) — ST. LOUIS (AP) — Belden Inc. (BDC) on Thursday reported third-quarter earnings of $72.3 million.

On a per-share basis, the St. Louis-based company said it had net income of $1.70. Earnings, adjusted for one-time gains and costs, came to $1.78 per share.

The communications equipment company posted revenue of $626.8 million in the period.

For the current quarter ending in December, Belden expects its per-share earnings to range from $1.05 to $1.20.

The company said it expects revenue in the range of $510 million to $530 million for the fiscal fourth quarter.

Belden shares have declined slightly since the beginning of the year. The stock has risen 2% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BDC at https://www.zacks.com/ap/BDC

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