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

Balchem

29/07/2022 14:32

* Balchem Corp  BCPC.OQ  reported quarterly adjusted
earnings of
$1.07​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of $1.00 per share.
    * Revenue rose 17% to $236.69 million from a year ago;
analysts
expected $225.49 million. 
    * Balchem Corp's reported EPS for the quarter was 92 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1% 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 3.9% this quarter and
lost 20.0% so far this year.
    * The company reported quarterly net income of $29.78
million.
    * Wall Street's median 12-month price target for Balchem
Corp is
$164.00 
    * 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 July 29
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.00           1.07           Beat
 Mar. 31 2022      0.82           1.03           Beat
 Dec. 31 2021      0.85           0.85           Met
 Sep. 30 2021      0.90           0.92           Beat