Bel Fuse (NASDAQ:BELFA) Releases Earnings Results, Misses Estimates By $0.25 EPS


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Bel Fuse (NASDAQ:BELFA) posted its quarterly earnings data on Sunday. The scientific and technical instruments company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.25), MarketWatch Earnings reports. Bel Fuse had a return on equity of 3.50% and a net margin of 0.62%.

BELFA stock traded down $0.48 during trading on Tuesday, hitting $17.45. 2,089 shares of the company traded hands, compared to its average volume of 2,618. The firm has a market capitalization of $215.66 million, a PE ratio of 89.65 and a beta of 1.98. Bel Fuse has a 1 year low of $7.11 and a 1 year high of $22.00. The company has a 50-day moving average of $17.66 and a 200-day moving average of $15.20. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.02 and a current ratio of 3.17.

The business also recently announced a quarterly dividend, which was paid on Friday, April 30th. Investors of record on Thursday, April 15th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.38%. The ex-dividend date was Wednesday, April 14th.

About Bel Fuse

Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries in the United States, Macao, the United Kingdom, Slovakia, Germany, Switzerland, and internationally.

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Earnings History for Bel Fuse (NASDAQ:BELFA)

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