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

Stepan

25/04/2023 14:31

* Stepan Co  SCL.N  reported quarterly adjusted earnings of
71
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
94 cents per share.
    * Revenue fell 3.5% to $651.44 million from a year ago;
analysts
expected $649.73 million. 
    * Stepan Co's reported EPS for the quarter was 70 cents​.
    * The mean earnings estimate of analysts had fallen by
about 44%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Stepan Co shares had fallen by 3.6% this quarter and
lost 6.7%
so far this year.
    * The company reported quarterly net income of $16.14
million.
    * Wall Street's median 12-month price target for Stepan Co
is
$129.00 
    * 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
April 25 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      1.90           2.30           Beat