Recap: Balchem Q2 Earnings

 

Balchem BCPC reported its Q2 earnings results on Friday, July 29, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Balchem beat estimated earnings by 7.0%, reporting an EPS of $1.07 versus an estimate of $1.0.

Revenue was up $34.33 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.21 which was followed by a 3.44% drop in the share price the next day.

Here's a look at Balchem's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.82 0.85 0.90 0.88
EPS Actual 1.03 0.85 0.92 0.93
Revenue Estimate 207.69M 198.17M 196.13M 185.44M
Revenue Actual 228.87M 213.13M 197.87M 202.37M

To track all earnings releases for Balchem visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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