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

Stepan

27/07/2022 14:33

* Stepan Co  SCL.N  reported quarterly adjusted earnings of
$2.30​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
$1.90 per share.
    * Revenue rose 26.2% to $751.63 million from a year ago;
analysts
expected $692.40 million. 
    * Stepan Co's reported EPS for the quarter was $2.26​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Stepan Co shares had risen by 4.4% this quarter and
lost 14.8%
so far this year.
    * The company reported quarterly net income of $52.13
million.
    * Wall Street's median 12-month price target for Stepan Co
is
$147.00 
    * 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 July 27
at 01:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.90           2.30           Beat
 Mar. 31 2022      1.31           1.76           Beat
 Dec. 31 2021      1.01           0.97           Missed
 Sep. 30 2021      1.42           1.57           Beat