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Belden: Q3 Earnings Snapshot

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ST. LOUIS (AP) — ST. LOUIS (AP) — Belden Inc. (BDC) on Thursday reported third-quarter profit of $56.7 million.

The St. Louis-based company said it had profit of $1.41 per share. Earnings, adjusted for one-time gains and costs, were $1.97 per share.

The communications equipment company posted revenue of $698.2 million in the period.

For the current quarter ending in December, Belden expects its per-share earnings to range from $1.90 to $2.

The company said it expects revenue in the range of $690 million to $700 million for the fiscal fourth quarter.

Belden shares have risen 6% since the beginning of the year. The stock has increased slightly in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BDC at https://www.zacks.com/ap/BDC

Article Topic Follows: AP Missouri News

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