Balchem Corp expected to post earnings of 85  cents a share - Earnings Preview

Balchem

28/04/2021 14:00

* Balchem Corp  BCPC.OQ   BCPC.O  is expected to show a rise in
quarterly revenue when it reports results on April 30.
* The New Hampton, New York-based company is expected to report
 a 4.1% increase in revenue to $181.589 million from $174.44
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Balchem Corp is for
earnings of 85 cents per share. For the same quarter last year,
the company reported earnings of 81 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by about 9.4%
in the last three months.​
* Wall Street's median 12-month price target for Balchem Corp is
$142.5​, about 13% above​ its last closing price of $124.01. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Mar. 31 2020  0.60        0.61       0.81      Beat    33.9
 Dec.          0.84​       0.84       0.88      Beat    4.8​
 31​ 2019​                                              
 Sep. 30 2019  0.74        0.74       0.81      Beat    9.5​
               0.72                                     
 Mar. 31 2019  0.64        0.62       0.73      Beat    17.7
 This summary was machine generated April 28 at 13:00 GMT.  All
figures in US dollars unless otherwise stated