NYSE$BHE
Benchmark Electronics Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Benchmark reported third quarter results with revenue of $526 million and non-GAAP EPS of $0.32.
Benchmark Electronics reported sequential revenue and earnings growth in the third quarter. The results were driven by improvement in Semi-cap and Aerospace and Defense sector.
- Quarterly revenue of $526 million
- Semi-Cap revenue growth of 45% year-over-year
- Medical revenue growth of 5% year-over-year
- Quarterly GAAP diluted EPS of $0.16 and non-GAAP diluted EPS of $0.32
Headline financials
Revenue & EPS history
Benchmark · Revenue · Quarterly
$526M
Revenue by segment
Benchmark · $319M total across 3 segments · Q3 2020
- Medical$134M+4.7%42.0%
- Semi-Cap$99M+45.6%31.0%
- Industrials$86M-25.2%27.0%
Forward guidance
The company expects revenue between $500 - $540 million and diluted GAAP earnings per share between $0.20 - $0.24 for Q4 2020.
Tailwinds
- Stronger demand in Defense
- New programs in Defense
- Stronger demand in Industrials
- New programs in Industrials
- Stronger demand in Telecommunications
Headwinds
- Declines in Medical
- Completing some of the incremental upside builds for COVID-19 related therapeutic equipment
- Known constraints due to COVID-19
- Assumes no further significant interruptions occur to supply base, operations, or customers
- Assumes no material changes to market conditions due to COVID-19
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-0.3%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+2.7%
Avg return
30 days after
54%
37 / 69 earnings
Positive
+18.4%
Q1 2024
Best reaction
-18.1%
Q2 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.2% | +16.8% | +16.6% | |
| Q4 2025 | +3.8% | +5.0% | -5.6% | |
| Q3 2025 | +8.1% | +4.7% | +9.2% | |
| Q2 2025 | -2.5% | -0.4% | +3.4% | |
| Q1 2025 | -15.0% | -9.3% | -4.6% | |
| Q4 2024 | -3.2% | -6.3% | -9.0% | |
| Q3 2024 | -4.3% | -0.2% | +7.2% | |
| Q1 2024 | +18.4% | +26.0% | +42.6% | |
| Q4 2023 | +7.0% | +9.0% | +12.9% | |
| Q3 2023 | +3.7% | +4.3% | +9.9% | |
| Q2 2023 | +2.5% | +0.6% | -1.5% | |
| Q1 2023 | -1.6% | -4.1% | +12.5% | |
| Q4 2022 | -11.5% | -10.9% | -14.1% | |
| Q3 2022 | -6.8% | -2.1% | -1.6% | |
| Q2 2022 | +3.4% | +2.4% | +1.3% | |
| Q1 2022 | -2.7% | +0.1% | +3.3% | |
| Q4 2021 | +4.0% | +0.7% | +5.8% | |
| Q3 2021 | -9.6% | -6.4% | -5.9% | |
| Q2 2021 | +7.5% | +5.8% | +8.7% | |
| Q1 2021 | +0.1% | +2.4% | +2.4% | |
| Q4 2020 | +1.9% | +3.8% | +10.3% | |
| Q3 2020 | +0.6% | +4.6% | +22.8% | |
| Q2 2020 | +1.7% | +4.2% | +1.5% | |
| Q1 2020 | -6.6% | -10.2% | -4.2% | |
| Q4 2019 | -13.9% | -18.4% | -4.1% | |
| Q3 2019 | +2.7% | +10.5% | +6.2% | |
| Q2 2019 | +5.5% | +6.6% | +3.2% | |
| Q1 2019 | -8.7% | -8.0% | -21.5% | |
| Q4 2018 | +3.5% | +3.6% | -1.6% | |
| Q3 2018 | -1.4% | +7.0% | +7.0% | |
| Q2 2018 | -18.1% | -18.4% | -12.7% | |
| Q1 2018 | -9.0% | -13.5% | -8.9% | |
| Q4 2017 | +4.8% | +4.5% | +14.0% | |
| Q3 2017 | -12.2% | -13.6% | -13.6% | |
| Q2 2017 | -2.3% | -0.7% | -7.9% | |
| Q1 2017 | +3.7% | +2.3% | +0.6% | |
| Q4 2016 | +7.9% | +5.9% | +1.6% | |
| Q3 2016 | +1.4% | +1.0% | +11.0% | |
| Q2 2016 | +2.0% | +3.2% | +6.0% | |
| Q1 2016 | -13.6% | — | — | |
| Q4 2015 | +4.0% | — | — | |
| Q3 2015 | -10.0% | — | — | |
| Q2 2015 | +5.6% | — | — | |
| Q1 2015 | -0.9% | — | — | |
| Q4 2014 | -9.0% | — | — | |
| Q3 2014 | +5.5% | — | — | |
| Q2 2014 | +2.8% | — | — | |
| Q1 2014 | -0.0% | — | — | |
| Q4 2013 | +2.7% | — | — | |
| Q3 2013 | +3.1% | — | — | |
| Q2 2013 | +3.3% | — | — | |
| Q1 2013 | -0.7% | — | — | |
| Q4 2012 | +0.8% | — | — | |
| Q3 2012 | +2.2% | — | — | |
| Q2 2012 | +10.5% | — | — | |
| Q1 2012 | +7.6% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q2 2009 | -0.1% | — | — | |
| Q1 2009 | -0.1% | — | — | |
| Q3 2011 | -8.4% | — | — | |
| Q2 2011 | +0.5% | — | — | |
| Q1 2010 | +0.9% | — | — | |
| Q1 2011 | -0.7% | — | — | |
| Q4 2008 | +4.1% | — | — | |
| Q4 2010 | +4.1% | — | — | |
| Q3 2009 | -1.3% | — | — | |
| Q3 2010 | -1.3% | — | — | |
| Q2 2010 | -0.7% | — | — | |
| Q4 2009 | -0.7% | — | — |
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