Earnings Preview: Balchem

Balchem BCPC announces its next round of earnings this Friday, July 30. Here is Benzinga's everything-that-matters guide for this Friday's Q2 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Balchem EPS will likely be near $0.88 while revenue will be around $185.44 million, according to analysts. Balchem EPS in the same period a year ago totaled $0.85. Revenue was $173.35 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to post earnings in line with the consensus estimate when it reports Friday, EPS would be up 3.53%. Revenue would be up 6.97% on a year-over-year basis. Balchem's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate 0.84 0.80 0.70 0.56
EPS Actual 0.87 0.83 0.83 0.85
Revenue Estimate 181.59 M 175.33 M 171.13 M 161.35 M
Revenue Actual 185.66 M 180.71 M 175.14 M 173.35 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Balchem were trading at $132.07 as of July 28. Over the last 52-week period, shares are up 31.94%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Balchem is scheduled to hold the call at 11:00:00 ET and can be accessed here.

Posted In: BZI-EPEarnings