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

Balchem

29/04/2022 14:31

* Balchem Corp  BCPC.OQ  reported quarterly adjusted
earnings of
$1.03​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 82 cents per share.
    * Revenue rose 23.3% to $228.87 million from a year ago; 
analysts
expected $207.69 million. 
    * Balchem Corp's reported EPS for the quarter was 89 cents​.
    * The mean earnings estimate of analysts had fallen by
about 14.6%
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 fallen by 6.7% this quarter and
lost 24.3% so far this year.
    * The company reported quarterly net income of $28.93
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 April 29 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated