Balchem Corp reports results for the quarter ended in December - Earnings Summary

Balchem

24/02/2023 14:32

* Balchem Corp  BCPC.OQ  reported quarterly adjusted
earnings of
94 cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of 83 cents per share.
    * Revenue rose 9.1% to $232.53 million from a year ago;
analysts
expected $241.47 million. 
    * Balchem Corp's reported EPS for the quarter was 66 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Balchem Corp shares had risen by 8.9% this quarter.
    * The company reported quarterly net income of $21.41
million.
    * Wall Street's median 12-month price target for Balchem
Corp is
$152.00 
    * 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." 

This summary was machine generated from Refinitiv data February
24 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.83           0.94           Beat
 Sep. 30 2022      0.85           1.00           Beat
 Jun. 30 2022      0.92           1.07           Beat
 Mar. 31 2022      0.79           1.03           Beat