Balchem Corp expected to post earnings of 70  cents a share - Earnings Preview

Balchem

26/04/2023 14:00

* Balchem Corp  BCPC.OQ   BCPC.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 28. 
    * The Montvale New Jersey-based  company is expected to
report  a
1.3% increase in revenue to $231.833 million from $228.87
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 70 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
$150​, above​ its last closing price of $125.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.86        0.83       0.94      Beat    12.8
 Sep. 30 2022  0.84        0.85       1.00      Beat    17.2
 Jun. 30 2022  1.00        0.92       1.07      Beat    16.3​
 Mar. 31 2022  0.84        0.79       1.03      Beat    29.8
 ​​Dec.        0.85        0.85       0.85      Met     0
 31 2021                                                
 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. 31 2021  0.84        0.85       0.87      Beat    3
 This summary was machine generated April 26 at 13:00 GMT.  All
figures in US dollars  unless otherwise stated