Balchem Corp expected to post earnings of 93 cents a share - Earnings Preview

Balchem

14/02/2024 13:35

* Balchem Corp  BCPC.OQ   BCPC.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 16 for
the period ending December 31 2023
    * The Montvale New Jersey-based  company is expected to
report a
0.9% increase in revenue to $234.662 million from $232.53
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (TOTAL REVENUE)
    * ​LSEG's mean analyst estimate for Balchem Corp is for
earnings
of 93 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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
$150.00​, above​ its last closing price of $140.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.98        0.97       1.04      Beat    7.2
 Jun. 30 2023  0.88        0.84       1.06      Beat    26.2
 Mar. 31 2023  0.73        0.70       0.94      Beat    34.3​
 Dec. 31 2022  0.86        0.83       0.94      Beat    12.8
 ​​Sep.        0.84        0.85       1.00      Beat    17.2
 30 2022                                                
 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
 This summary was machine generated February 14 at 13:35 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)