Balchem Corp expected to post earnings of 90 cents a share - Earnings Preview

Balchem

27/10/2021 16:21

* Balchem Corp  BCPC.OQ   BCPC.O  is expected to show a rise in
quarterly revenue when it reports results on October 29. 
* The New Hampton, New York-based company is expected to report 
a 12.0% increase in revenue to $196.132 million from $175.14
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 90 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 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
$160​, about 3.8% above​ its last closing price of $153.96. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.71        0.70       0.83      Beat    18.6
 Jun.          0.56​       0.56       0.85      Beat    51.8​
 30​ 2020​                                              
 Mar. 31 2020  0.60        0.61       0.81      Beat    33.9​
 Dec. 31 2019  0.84        0.84       0.88      Beat    4.8
 Sep. 30 2019  0.74        0.74       0.81      Beat    9.5
 This summary was machine generated October 27 at 15:21 GMT.  All
figures in US dollars unless otherwise stated