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

Balchem

04/11/2022 13:35

* Balchem Corp  BCPC.OQ  reported quarterly adjusted
earnings of
$1.00​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for earnings
of 85 cents per share.
    * Revenue rose 23.4% to $244.27 million from a year ago;
analysts
expected $239.62 million. 
    * Balchem Corp's reported EPS for the quarter was 78 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Balchem Corp shares had risen by 10.1% this quarter and
lost 20.6% so far this year.
    * The company reported quarterly net income of $25.25
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 November
4 at 01:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.85           1.00           Beat
 Jun. 30 2022      0.92           1.07           Beat
 Mar. 31 2022      0.79           1.03           Beat
 Dec. 31 2021      0.85           0.85           Met