Balchem Corp expected to post earnings of 97  cents a share - Earnings Preview

Balchem

25/10/2023 19:31

* Balchem Corp  BCPC.OQ   BCPC.O  is expected to show a fall
in
quarterly revenue when it reports  results 
    * The Montvale New Jersey-based  company is expected to
report  a
2.9% decrease in revenue to $237.077 million from $244.27
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 97 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
$156​, above​ its last closing price of $121.69. ​​​

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 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. 30 2022  0.84        0.85       1.00      Beat    17.2
 ​​Jun.        1.00        0.92       1.07      Beat    16.3
 30 2022                                                
 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
 This summary was machine generated October 25 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated