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

Balchem

02/11/2022 18:34

* Balchem Corp  BCPC.OQ   BCPC.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 4. 
    * The New Hampton New York-based  company is expected to
report  a
21.1% increase in revenue to $239.62 million from $197.87
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. 
    * 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 $139.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.85        0.85       0.85      Met     0​
 Sep. 30 2021  0.90        0.90       0.92      Beat    2.2
 ​​Jun.        0.84        0.88       0.93      Beat    5.7
 30 2021                                                
 Mar. 31 2021  0.84        0.85       0.87      Beat    3​
 Dec. 31 2020  0.76        0.76       0.83      Beat    9.2
 Sep. 30 2020  0.71        0.70       0.83      Beat    18.6
 This summary was machine generated November 2 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated