Bel Fuse (NASDAQ:BELFA – Get Free Report) announced its quarterly earnings data on Wednesday. The scientific and technical instruments company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $133.21 million during the quarter. Bel Fuse updated its Q3 2024 guidance to EPS.
Bel Fuse Trading Up 1.5 %
Shares of NASDAQ:BELFA opened at $90.76 on Friday. Bel Fuse has a 52-week low of $38.82 and a 52-week high of $91.24. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 16.12 and a beta of 1.36. The company has a quick ratio of 2.70, a current ratio of 4.19 and a debt-to-equity ratio of 0.17. The business has a 50-day moving average price of $81.42 and a 200-day moving average price of $73.23.
About Bel Fuse
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