Belden Earnings Calls
| Release date | Apr 30, 2026 |
| EPS estimate | $1.71 |
| EPS actual | $1.77 |
| EPS Surprise | 3.51% |
| Revenue estimate | 677.034M |
| Revenue actual | 696.375M |
| Revenue Surprise | 2.86% |
| Release date | Feb 12, 2026 |
| EPS estimate | $1.93 |
| EPS actual | $2.08 |
| EPS Surprise | 7.77% |
| Revenue estimate | 696.888M |
| Revenue actual | 720.12M |
| Revenue Surprise | 3.33% |
| Release date | Oct 30, 2025 |
| EPS estimate | $1.90 |
| EPS actual | $1.97 |
| EPS Surprise | 3.68% |
| Revenue estimate | 696.966M |
| Revenue actual | 698.221M |
| Revenue Surprise | 0.180% |
| Release date | Jul 31, 2025 |
| EPS estimate | $1.72 |
| EPS actual | $1.89 |
| EPS Surprise | 9.88% |
| Revenue estimate | 678.241M |
| Revenue actual | 671.992M |
| Revenue Surprise | -0.92% |
Last 4 Quarters for Belden
Below you can see how BDC performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 31, 2025 |
| Price on release | $123.65 |
| EPS estimate | $1.72 |
| EPS actual | $1.89 |
| EPS surprise | 9.88% |
| Date | Price |
|---|---|
| Jul 25, 2025 | $128.56 |
| Jul 28, 2025 | $129.92 |
| Jul 29, 2025 | $130.49 |
| Jul 30, 2025 | $128.04 |
| Jul 31, 2025 | $123.65 |
| Aug 01, 2025 | $117.63 |
| Aug 04, 2025 | $118.87 |
| Aug 05, 2025 | $118.50 |
| Aug 06, 2025 | $115.58 |
| 4 days before | -3.82% |
| 4 days after | -6.53% |
| On release day | -4.87% |
| Change in period | -10.10% |
| Release date | Oct 30, 2025 |
| Price on release | $122.26 |
| EPS estimate | $1.90 |
| EPS actual | $1.97 |
| EPS surprise | 3.68% |
| Date | Price |
|---|---|
| Oct 24, 2025 | $118.28 |
| Oct 27, 2025 | $117.44 |
| Oct 28, 2025 | $117.77 |
| Oct 29, 2025 | $119.37 |
| Oct 30, 2025 | $122.26 |
| Oct 31, 2025 | $121.85 |
| Nov 03, 2025 | $117.53 |
| Nov 04, 2025 | $117.74 |
| Nov 05, 2025 | $120.28 |
| 4 days before | 3.36% |
| 4 days after | -1.62% |
| On release day | -0.335% |
| Change in period | 1.69% |
| Release date | Feb 12, 2026 |
| Price on release | $150.91 |
| EPS estimate | $1.93 |
| EPS actual | $2.08 |
| EPS surprise | 7.77% |
| Date | Price |
|---|---|
| Feb 06, 2026 | $139.75 |
| Feb 09, 2026 | $140.78 |
| Feb 10, 2026 | $141.91 |
| Feb 11, 2026 | $142.23 |
| Feb 12, 2026 | $150.91 |
| Feb 13, 2026 | $149.62 |
| Feb 17, 2026 | $146.43 |
| Feb 18, 2026 | $146.73 |
| Feb 19, 2026 | $144.62 |
| 4 days before | 7.99% |
| 4 days after | -4.17% |
| On release day | -0.85% |
| Change in period | 3.48% |
| Release date | Apr 30, 2026 |
| Price on release | $112.48 |
| EPS estimate | $1.71 |
| EPS actual | $1.77 |
| EPS surprise | 3.51% |
| Date | Price |
|---|---|
| Apr 24, 2026 | $134.37 |
| Apr 27, 2026 | $131.66 |
| Apr 28, 2026 | $127.79 |
| Apr 29, 2026 | $127.50 |
| Apr 30, 2026 | $112.48 |
| May 01, 2026 | $114.15 |
| May 04, 2026 | $111.98 |
| May 05, 2026 | $112.01 |
| May 06, 2026 | $114.65 |
| 4 days before | -16.29% |
| 4 days after | 1.93% |
| On release day | 1.48% |
| Change in period | -14.68% |
Belden Earnings Call Transcript Summary of Q1 2026
Belden reported a strong Q1 2026: revenue $696M (up 11% YoY), adjusted EPS $1.77 (up 11% YoY), organic revenue growth ~7% with broad-based gains (particularly the Americas). Adjusted EBITDA was $118M (up 14%), with margin expansion driven by a growing solutions mix and operational leverage. Q2 guidance (stand-alone, excluding Ruckus) is revenue $735–750M and adjusted EPS $1.95–2.05. The company announced a definitive agreement to acquire Ruckus Networks for ~$1.85B in cash (13x projected 2026 adjusted EBITDA). Ruckus (2025 revenue ~$687M; gross margins >60%) adds enterprise Wi‑Fi7, switching and cloud/AI-driven networking software, 48,000 customers, and ~1,700 employees—immediately accretive to margins and EPS and accelerating Belden’s shift to full-stack IT/OT solutions. Financing is fully committed by JPMorgan; management expects to close in H2 2026, will prioritize rapid deleveraging (target net leverage ~2.9x by year-end 2027 and ~1.5x by year-end 2029) and will temporarily pause share repurchases and selective M&A until leverage improves. Key strategic implications: faster progress toward solutions mix targets (solutions >20% pro forma; management sees mid-term potential toward ~30%), expanded addressable market (hospitality, education, healthcare, warehousing, industrial), and stronger margin profile. Risks/near-term considerations: integration execution, regulatory approvals, near-term leverage increase, macro/mid-term visibility remains fluid and guidance excludes Ruckus contribution.
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