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

Balchem

30/04/2021 18:16

* Balchem Corp  BCPC.OQ  reported quarterly adjusted earnings of
87 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
85 cents per share.
* Revenue rose 6.4% to $185.66 million from a year ago​; 
analysts expected $181.59 million.
* Balchem Corp's reported EPS for the quarter was 72 cents​.
* The mean earnings estimate of analysts had fallen by
about 2.9% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Balchem Corp shares had fallen by 0.6% this quarter and
gained 8.2% so far this year.
* The company reported quarterly net income of $23.41 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 April 30 at 05:16 p.m. GMT.
​All figures in US Dollars.​