Bel Fuse (NASDAQ:BELFA – Get Free Report) released its earnings results on Wednesday. The scientific and technical instruments company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.59, Zacks reports. Bel Fuse had a return on equity of 21.62% and a net margin of 11.81%. The business had revenue of $133.21 million for the quarter. Bel Fuse updated its Q3 2024 guidance to EPS.
Bel Fuse Stock Up 1.5 %
NASDAQ BELFA opened at $90.76 on Friday. The stock’s 50 day moving average is $81.42 and its two-hundred day moving average is $73.23. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 16.12 and a beta of 1.36. The company has a current ratio of 4.19, a quick ratio of 2.70 and a debt-to-equity ratio of 0.17. Bel Fuse has a 1-year low of $38.82 and a 1-year high of $91.24.
About Bel Fuse
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