Cable Design Technologies
said it remains comfortable with analysts' second-quarter estimates, which call for the company to earn 29 cents a share in the period.
The network connectivity products maker will release its earnings on Feb. 27. Cable Design earned 24 cents a share in the same quarter a year ago. The estimate for the latest period excludes a bad debt charge of 4 cents a share related to
, a distributor that recently filed for bankruptcy.
Cable Design, which is based in Pittsburgh, said Anicom "may have affected sales to a small extent" in the second quarter, but won't have a "material impact" on the top line in the future.
During regular trading on the
New York Stock Exchange
, Cable Design gained 18 cents, or 0.9%, to close at $20.34.