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

Balchem

30/07/2021 19:30

* Balchem Corp  BCPC.OQ  reported quarterly adjusted earnings of
93 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
88 cents per share.
* Revenue rose 16.7% to $202.37 million from a year ago; 
analysts expected $185.44 million. 
* Balchem Corp's reported EPS for the quarter was 70 cents​.
* The mean earnings estimate of analysts had fallen by
about 1.7% 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 2.3% this quarter and
gained 16.5% so far this year.
* The company reported quarterly net income of $22.73 million.
* Wall Street's median 12-month price target for Balchem Corp is
$142.50 
* 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." 
This summary was machine generated July 30 at 06:30 p.m.  ​All
figures in US dollars unless otherwise stated