Belden Inc. Bottom Line Rises In Q4

(RTTNews) - Belden Inc. (BDC) announced earnings for its fourth quarter that rose from last year.

The company said its bottom line climbed to $79.01 million, or $1.62 per share. This was higher than $70.31 million, or $1.42 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.76 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.2% to $604.88 million. This was down from $612.44 million last year.

Belden Inc. earnings at a glance:

-Earnings (Q4): $79.01 Mln. vs. $70.31 Mln. last year. -Earnings Growth (Y-o-Y): 12.4% -EPS (Q4): $1.62 vs. $1.42 last year. -EPS Growth (Y-o-Y): 14.1% -Analysts Estimate: $1.76 -Revenue (Q4): $604.88 Mln vs. $612.44 Mln last year. -Revenue Change (Y-o-Y): -1.2%

-Guidance: Next quarter EPS guidance: $1.05 - $1.15 Next quarter revenue guidance: $575 - $595 Mln Full year EPS guidance: $5.95 - $6.20 Full year revenue guidance: $2.528 - $2.578 Bln