Balchem Corporation (NASDAQ: BCPC) has announced that it will be unveiling its third quarter financial results on Friday 25th October 2024. This announcement is set to occur before market open, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
In accordance with the predictions of financial analysts on Wall Street, the organization is on track to report an expected per share of $1.11 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $241.93 million for this quarter.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.04. This notable figure was achieved due to the company's impressive total revenue of $229.95 million recorded during that specific period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $960.97 million. Additionally, the earnings per share for the company are also anticipated to reach profit of $4.37 over the course of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.09 | +2.8% | 234.08 M | +1.2% |
| Q1 2024 | $1.03 | +9.6% | 239.66 M | +3.1% |
| Q4 2023 | $0.95 | +1.1% | 228.70 M | -1.6% |
| Q3 2023 | $1.04 | +4.0% | 229.95 M | -5.9% |
| Q2 2023 | $1.06 | -0.9% | 231.25 M | -2.3% |
| *Growth on year-over-year basis | ||||
BCPC will host a conference call with investment community on 25th October 2024 at 11:00 AM eastern time to discuss the financial results.
Wednesday's trading saw Balchem Corporation (BCPC) shares hit a low of $165.63 and a high of $167.49, with a day volume of 55.10 thousand shares. The stock closed the regular trading session at $166.76, showing 0.51 percent decrease.
