Balchem Corp expected to post earnings of 88 cents a share - Earnings Preview

Balchem

28/07/2021 14:10

* Balchem Corp  BCPC.OQ   BCPC.O  is expected to show a rise in
quarterly revenue when it reports results on July 30. 
* The New Hampton, New York-based company is expected to report 
 a 7.0% increase in revenue to $185.445 million from $173.36
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 88 cents per share. For the same quarter last year,
the company reported earnings of 85 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 was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Balchem Corp is
$142.5​, about 7.1% above​ its last closing price
of $132.45. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Jun. 30 2020  0.56        0.56       0.85      Beat    51.8
 Mar.          0.60​       0.61       0.81      Beat    33.9​
 31​ 2020​                                              
 Dec. 31 2019  0.84        0.84       0.88      Beat    4.8​
 Sep. 30 2019  0.74        0.74       0.81      Beat    9.5
               0.72                                     
 This summary was machine generated July 28 at 13:10 GMT.  All
figures in US dollars unless otherwise stated