Balchem (NASDAQ:BCPC) is set to issue its quarterly earnings data before the market opens on Tuesday, November 6th. Analysts expect the company to announce earnings of $0.61 per share for the quarter.
Balchem (NASDAQ:BCPC) last issued its quarterly earnings results on Friday, August 3rd. The basic materials company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.01. Balchem had a return on equity of 13.78% and a net margin of 15.28%. The business had revenue of $163.70 million for the quarter, compared to analyst estimates of $163.20 million. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. On average, analysts expect Balchem to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of BCPC opened at $92.80 on Tuesday. The company has a current ratio of 3.98, a quick ratio of 2.82 and a debt-to-equity ratio of 0.33. Balchem has a 12-month low of $70.23 and a 12-month high of $117.79. The firm has a market cap of $3.11 billion, a PE ratio of 36.68 and a beta of 0.83.
Balchem Company Profile
Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, medical sterilization, and industrial markets in the United States and internationally. The company's Human Nutrition & Health segment supplies ingredients in the food and beverage industry.
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