BELFB's Growth Comparisons in IV. Quarter 2024
Bel Fuse Inc bucks the industry trend and shows 8.39% year on year Revenue increase in the forth quarter 2024 to 151 millions, while Electric & Wiring Equipment industry declined by -22.38%, Consumer Discretionary sector decreased -2.21%. Despite modest Sales in the Consumer Discretionary sector and the Electric & Wiring Equipment industry, Bel Fuse Inc reported above average market Sales growth.
Company's sequential top-line increase was 23.26% from the third quarter. Average annual sales rise for Bel Fuse Inc is 1.65%, while S & P 500's average yearly sales growth is 7.61% over the five years, including only Businesses with the forth quarter 2024 Results.
Segment Name |
Y / Y |
Sequential |
Sales Channel Directly to Consumer |
|
-26.13 % |
- |
Sales Channel Through Intermediary |
|
-13.24 % |
- |
Power Solutions and Protection |
|
-34.97 % |
- |
Power Solutions and Protection Sales Channel Directly to Consumer |
|
-37.23 % |
- |
Power Solutions and Protection Sales Channel Through Intermediary |
|
-29.68 % |
- |
Connectivity Solutions |
|
7.62 % |
- |
Connectivity Solutions Sales Channel Directly to Consumer |
|
8.66 % |
- |
Connectivity Solutions Sales Channel Through Intermediary |
|
6.02 % |
- |
Magnetic Solutions |
|
-39.96 % |
- |
Magnetic Solutions Sales Channel Directly to Consumer |
|
-46.45 % |
- |
Magnetic Solutions Sales Channel Through Intermediary |
|
-16.83 % |
- |
North America |
|
-27.48 % |
- |
North America Power Solutions and Protection |
|
-44.25 % |
- |
North America Connectivity Solutions |
|
-1 % |
- |
North America Magnetic Solutions |
|
-43.49 % |
- |
Europe |
|
13.62 % |
- |
Europe Power Solutions and Protection |
|
-4.27 % |
- |
Europe Connectivity Solutions |
|
52.29 % |
- |
Europe Magnetic Solutions |
|
-14.89 % |
- |
Asia |
|
-30.74 % |
- |
Asia Power Solutions and Protection |
|
-19.5 % |
- |
Asia Connectivity Solutions |
|
31.4 % |
- |
Asia Magnetic Solutions |
|
-39.55 % |
- |
Power Solutions and Protection Segment |
|
-34.97 % |
- |
Magnetic Solutions Segment |
|
-39.96 % |
- |
Total |
|
-22.58 % |
-7.34 % |
Bel Fuse Inc reported bottom-line of $ -0.85 in the forth quarter, compare to $ 0.49 in the same quarter a year ago. Electric & Wiring Equipment industry grew by 34.74%, while Consumer Discretionary sector decreased by -53.37%, and overall market improved by 26.22%.
The company's sequential bottom-line increase was 23.26% from the third quarter. Average annual income per share rise for Bel Fuse Inc is 1.65%, while S & P 500's average yearly income per share growth is 8.63% over the five years, including only Businesses with the forth quarter 2024 earnings results.