Electronic system and device provider Bel Fuse (NASDAQ:BELFA) will be reporting results tomorrow after market close. Here’s what investors should know.

Bel Fuse beat analysts’ revenue expectations by 2.3% last quarter, reporting revenues of $133.2 million, down 21.1% year on year. It was a stunning quarter for the company, with an impressive beat of analysts’ earnings estimates and EBITDA estimates.

Is Bel Fuse a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Bel Fuse’s revenue to decline 22.7% year on year to $122.6 million, a further deceleration from the 10.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.75 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Bel Fuse has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Bel Fuse’s peers in the electrical equipment segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Acuity Brands delivered year-on-year revenue growth of 2.2%, meeting analysts’ expectations, and Badger Meter reported revenues up 11.9%, falling short of estimates by 1.8%. Acuity Brands traded up 9% following the results while Badger Meter was down 5.4%.

Read our full analysis of Acuity Brands’s results here and Badger Meter’s results here.

There has been positive sentiment among investors in the electrical equipment segment, with share prices up 2.3% on average over the last month. Bel Fuse’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $63 (compared to the current share price of $100.57).

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