Stepan Co expected to post earnings of 37 cents a share - Earnings Preview

Stepan

16/02/2024 12:03

* Stepan Co  SCL.N   SCL  is expected to show a fall in
quarterly
revenue when it reports  results on February 20 for the period
ending December 31 2023
    * The Northbrook Illinois-based  company is expected to
report a
14.8% decrease in revenue to $534.525 million from $627.18
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
37 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Stepan Co
is
$96.50​, above​ its last closing price of $93.35. ​​​

The company's guidance on October 18 2023 for the period ended
December 31 was for Capital Expenditures between USD41 million
and USD46 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.53        0.54       0.59      Beat    9.8
 ​​Sep.        1.62        1.61       2.01      Beat    25.2
 30 2022                                                
 Jun. 30 2022  1.88        1.90       2.30      Beat    21.4​
 Mar. 31 2022  1.32        1.31       1.76      Beat    34.1
 Dec. 31 2021  0.99        1.01       0.97      Missed  -3.5
 This summary was machine generated February 16 at 12:02 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)