Benchmark Electronics (NYSE:BHE) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Benchmark Electronics (NYSE:BHE) released its quarterly earnings data on Wednesday. The technology company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.05, FiscalAI reports. Benchmark Electronics had a net margin of 1.90% and a return on equity of 7.75%. The firm had revenue of $810.90 million for the quarter, compared to analysts’ expectations of $776.65 million. During the same quarter last year, the business posted $0.62 earnings per share. The company’s revenue for the quarter was up 19.1% compared to the same quarter last year.

Here are the key takeaways from Benchmark Electronics’ conference call:

• Record Q3 performance: Revenue reached $811 million, up 19% year over year, while non-GAAP EPS rose 35% to $0.84; both exceeded the high end of prior guidance. Operating margin expanded 70 basis points to 5.5%.
• Raised outlook: Benchmark expects Q4 revenue of $815 million to $855 million and now projects full-year 2026 revenue to exceed $3 billion, representing approximately 16% annual growth.
• Broad-based demand is improving: Semi-Cap revenue grew 30%, Industrial 13%, Medical 9%, and AC&C 50% year over year, while strong bookings and new program ramps support continued growth in 2027.
• Supply-chain and timing risks remain: Management cited constraints primarily involving memory and ASIC supply and said it is making selective inventory investments to support customers. Next-generation HPC opportunities have shifted to a likely mid-to-late 2027 contribution, later than previously indicated.

Benchmark Electronics Price Performance

Benchmark Electronics stock opened at $71.92 on Friday. Benchmark Electronics has a 52-week low of $41.69 and a 52-week high of $100.41. The company has a quick ratio of 1.31, a current ratio of 1.99 and a debt-to-equity ratio of 0.16. The firm’s fifty day moving average is $75.65 and its 200 day moving average is $72.17. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 46.40, a PEG ratio of 1.39 and a beta of 1.25.

Benchmark Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 13th. Investors of record on Wednesday, September 30th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.68 dividend on an annualized basis and a yield of 0.9%. Benchmark Electronics’s dividend payout ratio is presently 46.26%.

Wall Street Analysts Forecast Growth

Several analysts have commented on BHE shares. Weiss Ratings cut shares of Benchmark Electronics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 23rd. Zacks Research raised Benchmark Electronics to a “hold” rating in a report on Monday, October 5th. Finally, Needham & Company LLC assumed coverage on Benchmark Electronics in a report on Friday, October 23rd. They issued a “buy” rating and a $85.00 target price on the stock. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Benchmark Electronics presently has a consensus rating of “Moderate Buy” and an average price target of $88.50.

Benchmark Electronics Company Profile

Benchmark Electronics, Inc is a provider of integrated electronics manufacturing and engineering services. The company helps original equipment manufacturers design, develop, test, manufacture and support complex electronic products and systems.

Its services include product design and engineering, prototyping, printed circuit board assembly, systems integration, precision machining, testing, supply chain management, and aftermarket support. Benchmark serves customers in industries such as aerospace and defense, medical technology, industrial equipment, semiconductor capital equipment, and advanced computing.

Headquartered in Tempe, Arizona, Benchmark operates manufacturing and engineering facilities across North America, Europe and Asia.