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

Balchem

16/02/2022 13:38

* Balchem Corp  BCPC.OQ   BCPC.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 18. 
    * The New Hampton New York-based  company is expected to
report  a
9.7% increase in revenue to $198.171 million from $180.71
million a year ago, according to the mean estimate from 3
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 83 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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
$170​, about 18% above​ its last closing price of $139.38. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Dec. 31 2020  0.76        0.76       0.83      Beat    9.2
 ​​Sep.        0.71        0.70       0.83      Beat    18.6
 30 2020                                                
 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. 31 2019  0.84        0.84       0.88      Beat    4.8
 This summary was machine generated February 16 at 13:38 GMT. 
All figures in US dollars  unless otherwise stated