Bel Fuse (NASDAQ:BELFA – Get Free Report) issued its earnings results on Wednesday. The scientific and technical instruments company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.59, Zacks reports. The firm had revenue of $133.21 million during the quarter. Bel Fuse had a net margin of 12.62% and a return on equity of 24.29%. Bel Fuse updated its Q3 2024 guidance to EPS.
Bel Fuse Stock Up 9.1 %
Shares of BELFA stock traded up $7.49 on Thursday, reaching $89.44. 18,125 shares of the stock were exchanged, compared to its average volume of 12,163. The company has a current ratio of 4.21, a quick ratio of 2.70 and a debt-to-equity ratio of 0.17. The business’s 50 day moving average price is $81.42 and its 200 day moving average price is $73.23. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 15.89 and a beta of 1.36. Bel Fuse has a twelve month low of $38.82 and a twelve month high of $90.00.
Bel Fuse Company Profile
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