Stepan Co expected to post earnings of 35 cents a share - Earnings Preview

Stepan

26/04/2024 14:09

* Stepan Co  SCL.N   SCL  is expected to show a fall in
quarterly
revenue when it reports  results on April 30 for the period
ending March 31 2024
    * The Northbrook Illinois-based  company is expected to
report a
11.6% decrease in revenue to $575.825 million from $651.44
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Stepan Co is for
earnings of
35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Stepan Co
is
$100.50​, above​ its last closing price of $83.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.48        0.37       0.33      Missed  -10.8
 Sep. 30 2023  0.74        0.76       0.64      Missed  -15.2
 Jun. 30 2023  1.13        1.17       0.53      Missed  -54.6​
 Mar. 31 2023  0.95        0.94       0.71      Missed  -24.7
 ​​Dec.        0.53        0.54       0.59      Beat    9.8
 31 2022                                                
 Sep. 30 2022  1.62        1.61       2.01      Beat    25.2​
 Jun. 30 2022  1.88        1.90       2.30      Beat    21.4
 Mar. 31 2022  1.32        1.31       1.76      Beat    34.1
 This summary was machine generated April 26 at 13:09 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)