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

Stepan

26/07/2023 14:31

* Stepan Co  SCL.N  reported quarterly adjusted earnings of
53
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
$1.17 per share.
    * Revenue fell 22.8% to $579.98 million from a year ago;
analysts
expected $669.85 million. 
    * Stepan Co's reported EPS for the quarter was 55 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Stepan Co shares had risen by 0.9% this quarter and
lost 9.5% so
far this year.
    * The company reported quarterly net income of $12.68
million.
    * Wall Street's median 12-month price target for Stepan Co
is
$124.00 
    * 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 LSEG Refinitiv data July
26 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.17           0.53           Missed
 Mar. 31 2023      0.94           0.71           Missed
 Dec. 31 2022      0.54           0.59           Beat
 Sep. 30 2022      1.61           2.01           Beat