Benchmark Electronics (NYSE:BHE) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Benchmark Electronics (NYSE:BHE) announced its quarterly earnings results on Wednesday. The technology company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02, FiscalAI reports. Benchmark Electronics had a return on equity of 6.48% and a net margin of 0.93%.The business had revenue of $677.28 million during the quarter, compared to analysts’ expectations of $676.25 million. During the same quarter in the previous year, the business posted $0.52 EPS. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. Benchmark Electronics updated its Q2 2026 guidance to 0.650-0.710 EPS.

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

• Raised full‑year guidance — company now expects revenue growth of 9%–10% (up from mid‑single digits) and says EPS will outpace revenue as execution and expense discipline continue.
• Semi‑Cap momentum — Q1 was +12% sequential in Semi‑Cap, management expects mid‑teens growth for the sector and Penang 4 (higher‑margin PT capacity) to begin operations in Q3 to support 2026/2027 demand.
• AC&C / AI ramping — AC&C grew 41% YoY driven by AI‑related and liquid‑cooling wins for enterprise AI clusters and HPC, with visibility improving as these programs ramp.
• Healthy cash and shareholder returns — $121M net cash positive, $29M free cash flow in Q1, $325M cash balance, $6M in buybacks and dividends this quarter and ~$117M remaining repurchase authority.
• Supply chain pressure — management noted select component lead times are increasing in pockets (notably in memory), which could create near‑term sourcing challenges.

Benchmark Electronics Stock Performance

BHE stock traded up $3.30 during mid-day trading on Wednesday, reaching $72.11. 1,141,211 shares of the stock traded hands, compared to its average volume of 334,352. The company has a quick ratio of 1.52, a current ratio of 2.28 and a debt-to-equity ratio of 0.19. Benchmark Electronics has a 52 week low of $32.11 and a 52 week high of $72.44. The business has a 50-day moving average of $59.26 and a two-hundred day moving average of $51.23. The firm has a market capitalization of $2.59 billion, a PE ratio of 104.51 and a beta of 0.97.

Benchmark Electronics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, March 31st. Benchmark Electronics’s dividend payout ratio is 98.55%.

Insider Transactions at Benchmark Electronics

In other Benchmark Electronics news, CEO Jeff Benck sold 834 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $60.06, for a total transaction of $50,090.04. Following the completion of the sale, the chief executive officer directly owned 397,246 shares in the company, valued at $23,858,594.76. This represents a 0.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 25,934 shares of company stock worth $1,510,843 in the last three months. 2.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Benchmark Electronics

A number of hedge funds have recently bought and sold shares of BHE. Kestra Advisory Services LLC bought a new stake in Benchmark Electronics during the fourth quarter valued at about $42,000. Parkside Financial Bank & Trust boosted its holdings in Benchmark Electronics by 28.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company’s stock valued at $62,000 after acquiring an additional 322 shares during the period. Kemnay Advisory Services Inc. bought a new stake in Benchmark Electronics during the fourth quarter valued at about $79,000. Tower Research Capital LLC TRC boosted its holdings in Benchmark Electronics by 215.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company’s stock valued at $116,000 after acquiring an additional 2,048 shares during the period. Finally, State of Wyoming bought a new stake in Benchmark Electronics during the second quarter valued at about $137,000. 92.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BHE. Wall Street Zen upgraded shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Lake Street Capital set a $62.00 target price on shares of Benchmark Electronics in a research report on Wednesday, February 4th. Needham & Company LLC upped their price target on Benchmark Electronics from $55.00 to $62.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a report on Monday, April 20th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $62.00.

About Benchmark Electronics

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.