Stepan Co reports results for the quarter ended in December - Earnings Summary

Stepan

16/02/2023 14:32

* Stepan Co  SCL.N  reported quarterly adjusted earnings of
59
cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
54 cents per share.
    * Revenue rose 2.8% to $627.18 million from a year ago;
analysts
expected $620.68 million. 
    * Stepan Co's reported EPS for the quarter was 47 cents​.
    * The mean earnings estimate of analysts had fallen by
about 32%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Stepan Co shares had risen by 2.8% this quarter.
    * The company reported quarterly net income of $10.83
million.
    * Wall Street's median 12-month price target for Stepan Co
is
$141.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.54           0.59           Beat
 Sep. 30 2022      1.61           2.01           Beat
 Jun. 30 2022      1.90           2.30           Beat
 Mar. 31 2022      1.31           1.76           Beat