Balchem Corp expected to post earnings of $1.00 a share - Earnings Preview

Balchem

27/07/2022 17:52

* Balchem Corp  BCPC.OQ   BCPC.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 29. 
    * The New Hampton New York-based  company is expected to
report  a
11.4% increase in revenue to $225.488 million from $202.37
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Balchem Corp is for
earnings of $1.00 per share. For the same quarter last year, the
company reported earnings of 93 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Balchem
Corp is
$164​, above​ its last closing price of $133.78. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.84        0.82       1.03      Beat    25.6
 Dec. 31 2022  0.85        0.85       0.85      Met     0
 Sep. 30 2021  0.90        0.90       0.92      Beat    2.2​
 Jun. 30 2021  0.84        0.88       0.93      Beat    5.7
 ​​Mar.        0.84        0.85       0.87      Beat    3
 31 2021                                                
 Dec. 31 2020  0.76        0.76       0.83      Beat    9.2​
 Sep. 30 2020  0.71        0.70       0.83      Beat    18.6
 Jun. 30 2020  0.56        0.56       0.85      Beat    51.8
 This summary was machine generated July 27 at 16:52 GMT.  All
figures in US dollars  unless otherwise stated