Benchmark Electronics Reports Second Quarter 2018 Results

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Go back to Benchmark Electronics Reports Second Quarter 2018 Results

Benchmark (BHE) PT Lowered to $32 at RBC Capital

July 25, 2018 7:38 AM EDT

RBC Capital lowered its price target on Benchmark (NYSE: BHE) to $32.00 (from $34.00) while maintaining a Sector Perform rating following better-than-expected results but lower guidance.

Analyst Mitch Steves notes EPS guidance was lower as the company is being impacted by a component shortage.

... More

Benchmark Electronics (BHE) Reports In-Line Q2 EPS, Revenue Beats

July 24, 2018 4:06 PM EDT

Benchmark Electronics (NYSE: BHE) reported Q2 EPS of $0.30, in-line with the analyst estimate of $0.30. Revenue for the quarter came in at $661 million versus the consensus estimate of $605 million.

GUIDANCE:

Benchmark Electronics sees Q3 2018 revenue of $610-650 million, versus the consensus of... More