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NASDAQ:BELFB
Bel Fuse Inc. Stock Earnings Reports
$77.17
+3.62 (+4.92%)
At Close: Mar 24, 2025
Bel Fuse. Earnings Calls
Q4 2024
Missed
-$0.140 (-114.58%)
| Release date | Feb 18, 2025 |
| EPS estimate | $0.96 |
| EPS actual | -$0.140 |
| EPS Surprise | -114.58% |
| Revenue estimate | 126.408M |
| Revenue actual | 149.859M |
| Revenue Surprise | 18.55% |
Q3 2024
Beat
$0.92 (8.24%)
| Release date | Oct 23, 2024 |
| EPS estimate | $0.85 |
| EPS actual | $0.92 |
| EPS Surprise | 8.24% |
| Revenue estimate | 125.877M |
| Revenue actual | 123.638M |
| Revenue Surprise | -1.78% |
Q2 2024
Beat
$1.54 (65.59%)
| Release date | Jul 24, 2024 |
| EPS estimate | $0.93 |
| EPS actual | $1.54 |
| EPS Surprise | 65.59% |
| Revenue estimate | 130.18M |
| Revenue actual | 133.205M |
| Revenue Surprise | 2.32% |
Q1 2024
Beat
$1.26 (29.90%)
| Release date | Apr 25, 2024 |
| EPS estimate | $0.97 |
| EPS actual | $1.26 |
| EPS Surprise | 29.90% |
| Revenue estimate | 128.647M |
| Revenue actual | 128.09M |
| Revenue Surprise | -0.433% |
Last 4 Quarters for Bel Fuse.
Below you can see how BELFB 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.
Q1 2024
Beat
| Release date | Apr 25, 2024 |
| Fiscal end date | Mar 31, 2024 |
| Price on release | $60.78 |
| EPS estimate | $0.97 |
| EPS actual | $1.26 |
| EPS surprise | 29.90% |
| Date | Price |
|---|---|
| Apr 19, 2024 | $56.57 |
| Apr 22, 2024 | $57.05 |
| Apr 23, 2024 | $59.06 |
| Apr 24, 2024 | $60.70 |
| Apr 25, 2024 | $60.78 |
| Apr 26, 2024 | $57.91 |
| Apr 29, 2024 | $59.26 |
| Apr 30, 2024 | $58.72 |
| May 01, 2024 | $58.49 |
| 4 days before | 7.44% |
| 4 days after | -3.77% |
| On release day | -4.72% |
| Change in period | 3.39% |
Q2 2024
Beat
| Release date | Jul 24, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $66.36 |
| EPS estimate | $0.93 |
| EPS actual | $1.54 |
| EPS surprise | 65.59% |
| Date | Price |
|---|---|
| Jul 18, 2024 | $68.84 |
| Jul 19, 2024 | $66.51 |
| Jul 22, 2024 | $68.83 |
| Jul 23, 2024 | $69.49 |
| Jul 24, 2024 | $66.36 |
| Jul 25, 2024 | $72.94 |
| Jul 26, 2024 | $75.05 |
| Jul 29, 2024 | $74.39 |
| Jul 30, 2024 | $71.64 |
| 4 days before | -3.60% |
| 4 days after | 7.96% |
| On release day | 9.92% |
| Change in period | 4.07% |
Q3 2024
Beat
| Release date | Oct 23, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $78.90 |
| EPS estimate | $0.85 |
| EPS actual | $0.92 |
| EPS surprise | 8.24% |
| Date | Price |
|---|---|
| Oct 17, 2024 | $84.66 |
| Oct 18, 2024 | $83.56 |
| Oct 21, 2024 | $83.55 |
| Oct 22, 2024 | $81.22 |
| Oct 23, 2024 | $78.90 |
| Oct 24, 2024 | $78.52 |
| Oct 25, 2024 | $78.54 |
| Oct 28, 2024 | $77.02 |
| Oct 29, 2024 | $77.43 |
| 4 days before | -6.80% |
| 4 days after | -1.86% |
| On release day | -0.482% |
| Change in period | -8.54% |
Q4 2024
Missed
| Release date | Feb 18, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $82.11 |
| EPS estimate | $0.96 |
| EPS actual | -$0.140 |
| EPS surprise | -114.58% |
| Date | Price |
|---|---|
| Feb 11, 2025 | $81.34 |
| Feb 12, 2025 | $81.01 |
| Feb 13, 2025 | $82.93 |
| Feb 14, 2025 | $82.32 |
| Feb 18, 2025 | $82.11 |
| Feb 19, 2025 | $81.53 |
| Feb 20, 2025 | $84.51 |
| Feb 21, 2025 | $86.07 |
| Feb 24, 2025 | $84.68 |
| 4 days before | 0.95% |
| 4 days after | 3.13% |
| On release day | -0.706% |
| Change in period | 4.11% |
Bel Fuse. Earnings Call Transcript Summary of Q4 2024
Financial Performance
Fourth quarter sales reached $149.9 million, up from $140 million in Q4 2023. Full-year sales were $535 million, down from $640 million in 2023.
- Gross margin improved by 410 basis points year-over-year to 37.5% in Q4 2024, largely due to favorable product mix and cost-control measures.
- The company generated strong EBITDA despite a 16% reduction in sales, marking a historical high stock price.
Acquisition of Enercon
- The acquisition, the largest in the company's history, contributed $20.8 million in sales for two months in 2024.
- Enercon is expected to significantly contribute to revenue growth in 2025, particularly in defense and space applications.
- The company consolidated Enercon’s financials, with future performance expected to bolster Bel’s overall results.
Cost Efficiency Measures
- The company realized $1.5 million in cost savings in 2024, with more opportunities anticipated post-consolidation initiatives expected to yield annual savings of $11.48 million.
- Selling, General & Administrative (SG&A) expenses increased due to the Enercon acquisition, but legacy SG&A decreased by $3.6 million.
Changes in Leadership
- Dan Bernstein transitioned to the role of Chairman, with Farouq Tuweiq taking over as CEO, marking a significant leadership change for the company.
Market Outlook for 2025
- Favorable growth trends are anticipated in AI, defense, and space sectors, which are likely to drive revenue growth.
- The company expects improvements in the distribution, networking, and industrial markets, previously impacted by inventory destocking.
- The consumer market may continue to underperform due to historical trade restrictions on suppliers.
Tariff Implications
- The company faces a potential increase in tariffs, particularly impacting 12-13% of its revenue subject to tariffs from China and an additional 4% from Mexico.
- Bel has historically passed these costs onto customers, which is expected to mitigate financial impact.
Backlog and Order Trends
- Total backlog of orders stands at $382 million, divided between legacy and Enercon segments.
- The company anticipates sales declines in the Power segment but expects improvements in Magnetics driven by key customer recoveries in 2025.
Future M&A Activity
- Bel is open to selective M&A opportunities following the Enercon acquisition but will focus on quality and strategic fit.
Overall, Bel Fuse is strategically positioning itself for growth in the coming year while managing cost efficiencies and operational improvements, particularly in the wake of its significant acquisition of Enercon. Investors should keep a close watch on the developments in market growth areas and how the company navigates tariff-related challenges.
Bel Fuse. Earnings History
Earnings Calendar
FAQ
When is the earnings report for BELFB?
Bel Fuse Inc. (BELFB) has scheduled its earnings report for Apr 24, 2025 before the markets open.
What is the BELFB price-to-earnings (P/E) ratio?
BELFB P/E ratio as of Mar 24, 2025 (TTM) is 22.52.
What is the BELFB EPS forecast?
The forecasted EPS (Earnings Per Share) for Bel Fuse Inc. (BELFB) for the first fiscal quarter 2025 is $0.85.
What are Bel Fuse Inc.'s retained earnings?
On its balance sheet, Bel Fuse Inc. reported retained earnings of $149.86 million for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
