Balchem Stock (NASDAQ:BCPC), Trade Ideas

Balchem

Balchem Corp is engaged in the development, manufacture, and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, agricultural, and medical sterilization industries. The segments include 1) Human Nutrition and Health segment provides human-grade choline nutrients and mineral amino acid chelated products through this segment for nutrition and health applications. 2) The Animal Nutrition and Health segment provide nutritional products derived from its microencapsulation and chelation technologies in addition to the essential nutrient choline chloride. 3) The Specialty Products segment includes re-packaging and distributing a number of performance gases and chemicals for various uses, notably ethylene oxide, propylene oxide, and ammonia.

News

Price Target

Pre-Market Outlook

Markets

Analyst Ratings

ABBV

BCPC

CUBE

DDOG

EWBC

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

AbbVie To Rally Over 22%? Here Are 10 Top Analyst Forecasts For Monday

Earnings

General

Balchem Records 18% Revenue Growth In Q4, Tops Consensus

Balchem Clocks 13% Sales Growth In Q3, Tops Consensus

Brunswick Corporation 6.375% Notes due 2049

Balchem Corp

Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) reported quarterly earnings of $0.95 per share which beat the analyst consensus estimate of $0.93 by 2.15 percent. This is a 1.06 percent increase over earnings of $0.94 per share from the same period last year. The company reported quarterly sales of $228.70 million which missed the analyst consensus estimate of $234.66 million by 2.54 percent. This is a 1.65 percent decrease over sales of $232.53 million the same period last year.

Balchem Q4 Adj. EPS $0.95 Beats $0.93 Estimate, Sales $228.70M Miss $234.66M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Arbor Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $97.65 million.
&bull; Liberty Broadband (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDK#NASDAQ">LBRDK</a>) is projected to report quarterly earnings at $2.33 per share on revenue of $248.00 million.
&bull; Telephone and Data (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDS#NYSE">TDS</a>) is estimated to report quarterly loss at $0.12 per share on revenue of $1.28 billion.
&bull; TC Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRP#NYSE">TRP</a>) is likely to report quarterly earnings at $1.09 per share on revenue of $4.21 billion.
&bull; United States Cellular (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USM#NYSE">USM</a>) is projected to report quarterly earnings at $0.04 per share on revenue of $984.23 million.
&bull; Cinemark Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNK#NYSE">CNK</a>) is expected to report quarterly loss at $0.14 per share on revenue of $613.23 million.
&bull; Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) is expected to report quarterly earnings at $0.88 per share on revenue of $747.58 million.
&bull; Barnes Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/B#NYSE">B</a>) is expected to report quarterly earnings at $0.35 per share on revenue of $420.47 million.
&bull; DT Midstream (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTM#NYSE">DTM</a>) is estimated to report quarterly earnings at $0.92 per share on revenue of $234.45 million.
&bull; American Axle &amp; Mfg Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXL#NYSE">AXL</a>) is projected to report quarterly loss at $0.19 per share on revenue of $1.42 billion.
&bull; Treehouse Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THS#NYSE">THS</a>) is expected to report quarterly earnings at $0.73 per share on revenue of $925.44 million.
&bull; AdvanSix (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASIX#NYSE">ASIX</a>) is estimated to report quarterly loss at $0.21 per share on revenue of $335.87 million.
&bull; Marcus &amp; Millichap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMI#NYSE">MMI</a>) is likely to report quarterly loss at $0.28 per share on revenue of $171.20 million.
&bull; Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is projected to report quarterly earnings at $0.93 per share on revenue of $234.66 million.
&bull; PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $1.90 billion.
&bull; Associated Cap Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AC#NYSE">AC</a>) is expected to report quarterly loss at $0.03 per share on revenue of $5.11 billion.
&bull; Liberty Broadband (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDA#NASDAQ">LBRDA</a>) is expected to report quarterly earnings at $3.44 per share on revenue of $250.00 million.
&bull; Vulcan Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMC#NYSE">VMC</a>) is expected to report quarterly earnings at $1.39 per share on revenue of $1.83 billion.
&bull; Healthcare Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HR#NYSE">HR</a>) is likely to report earnings for its fourth quarter.
&bull; Eni (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/E#NYSE">E</a>) is projected to report earnings for its fourth quarter.
&bull; NatWest Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWG#NYSE">NWG</a>) is expected to report earnings for its fourth quarter.
<h3>&nbsp;</h3>
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For February 16, 2024

Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is set to give its latest quarterly earnings report on Friday, 2024-02-16. Here's what investors need to know before the announcement.
Analysts estimate that Balchem will report an earnings per share (EPS) of $0.93. 
Balchem bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.07, which was followed by a 0.0% drop in the share price the next day.
Here's a look at Balchem's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.97</td>
<td>0.84</td>
<td>0.70</td>
<td>0.83</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.04</td>
<td>1.06</td>
<td>0.94</td>
<td>0.94</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-5.42%</td>
<td>1.8%</td>
<td>4.05%</td>
<td>-0.87%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1708009221_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Balchem were trading at $142.73 as of February 14. Over the last 52-week period, shares are up 2.51%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/BCPC/earnings">To track all earnings releases for Balchem visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Balchem Earnings Preview

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Barclays increased AbbVie Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/abbv#NYSE">ABBV</a>) price target from $160 to $170. Barclays analyst Carter Gould upgraded the stock from Equal-Weight to Overweight. AbbVie shares fell 4.3% to close at $138.93 on Friday. <a href="https://www.benzinga.com/quote/ABBV/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan cut the price target for Olin Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oln#NYSE">OLN</a>) from $75 to $48. JP Morgan analyst Jeffrey Zekauskas downgraded the stock from Overweight to Neutral. Olin shares fell 9% to close at $42.12 on Friday. <a href="https://www.benzinga.com/quote/OLN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS increased East West Bancorp, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ewbc#NASDAQ">EWBC</a>) price target from $57 to $61. UBS analyst Brody Preston upgraded the stock from Neutral to Buy. East West Bancorp shares gained 1.6% to $53.50 in pre-market trading. <a href="https://www.benzinga.com/quote/EWBC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Raymond James slashed the price target for Chevron Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cvx#NYSE">CVX</a>) from $200 to $175. Raymond James analyst Justin Jenkins maintained an Outperform rating. Chevron shares gained 1.8% to $146.87 in pre-market trading. <a href="https://www.benzinga.com/quote/CVX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keybanc cut the price target for Eastman Chemical Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/emn#NYSE">EMN</a>) from $98 to $95. Keybanc analyst Aleksey Yefremov maintained an Overweight rating. Eastman Chemical shares rose 3.5% to close at $72.58 on Friday. <a href="https://www.benzinga.com/quote/EMN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo cut NorthWestern Energy Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nwe#NYSE">NWE</a>) price target from $59 to $51. Wells Fargo analyst Jonathan Reeder upgraded the stock from Equal-Weight to Overweight. NorthWestern Energy shares fell 2.3% to close at $46.55 on Friday. <a href="https://www.benzinga.com/quote/NWE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird slashed Datadog, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ddog#NASDAQ">DDOG</a>) price target from $100 to $84. Baird analyst William Power downgraded the stock from Outperform to Neutral. Datadog shares fell 0.7% to $81.13 in pre-market trading. <a href="https://www.benzinga.com/quote/DDOG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. cut the price target for Balchem Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bcpc#NASDAQ">BCPC</a>) from $165 to $135. HC Wainwright &amp; Co. analyst Raghuram Selvaraju maintained a Buy rating. Balchem shares fell 5.4% to close at $115.08 on Friday. <a href="https://www.benzinga.com/quote/BCPC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities cut CubeSmart (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cube#NYSE">CUBE</a>) price target from $51 to $38. B of A Securities analyst Jeffrey Spector downgraded the stock from Buy to Neutral. CubeSmart shares fell 0.7% to close at $33.98 on Friday. <a href="https://www.benzinga.com/quote/CUBE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Raymond James cut Axos Financial, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ax#NYSE">AX</a>) price target from $55 to $45. Raymond James analyst David Feaster maintained an Outperform rating. Axos Financial shares fell 7.8% to close at $34.85 on Friday. <a href="https://www.benzinga.com/quote/AX/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
&nbsp;
Check This Out: <a href="https://www.benzinga.com/news/earnings/23/10/35483899/fear-among-us-investors-is-growing-fear-greed-index-moves-to-extreme-fear-zone"> Fear Among US Investors Is Growing; Fear &amp; Greed Index Moves To &#39;Extreme Fear&#39; Zone </a>

HC Wainwright &amp; Co. analyst Raghuram Selvaraju maintains Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) with a Buy and lowers the price target from $165 to $135.

HC Wainwright & Co. Maintains Buy on Balchem, Lowers Price Target to $135

WIIM

Balchem shares are trading lower after the company reported mixed Q3 financial results.

Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $0.97 by 7.22 percent. This is a 4 percent increase over earnings of $1.00 per share from the same period last year. The company reported quarterly sales of $229.95 million which missed the analyst consensus estimate of $237.08 million by 3.01 percent. This is a 5.86 percent decrease over sales of $244.27 million the same period last year.

Balchem Q3 Adjusted EPS $1.04 Beats $0.97 Estimate, Sales $229.95M Miss $237.08M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Sanofi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) is projected to report quarterly earnings at $2.26 per share on revenue of $12.56 billion.
&bull; Equinor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>) is estimated to report earnings for its third quarter.
&bull; Standard Motor Products (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMP#NYSE">SMP</a>) is estimated to report quarterly earnings at $0.98 per share on revenue of $391.23 million.
&bull; Piper Sandler (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PIPR#NYSE">PIPR</a>) is expected to report quarterly earnings at $1.58 per share on revenue of $298.82 million.
&bull; Civista Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIVB#NASDAQ">CIVB</a>) is estimated to report quarterly earnings at $0.61 per share on revenue of $40.88 million.
&bull; Dana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAN#NYSE">DAN</a>) is likely to report quarterly earnings at $0.13 per share on revenue of $2.69 billion.
&bull; T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) is expected to report quarterly earnings at $1.78 per share on revenue of $1.62 billion.
&bull; AbbVie (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>) is estimated to report quarterly earnings at $2.70 per share on revenue of $12.92 billion.
&bull; First Hawaiian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FHB#NASDAQ">FHB</a>) is projected to report quarterly earnings at $0.43 per share on revenue of $199.90 million.
&bull; Fomento Economico (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMX#NYSE">FMX</a>) is estimated to report quarterly earnings at $1.40 per share on revenue of $11.67 billion.
&bull; Gentex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNTX#NASDAQ">GNTX</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $566.22 million.
&bull; Imperial Oil (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IMO#AMEX">IMO</a>) is expected to report quarterly earnings at $1.91 per share on revenue of $13.29 billion.
&bull; WisdomTree (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WT#NYSE">WT</a>) is likely to report quarterly earnings at $0.10 per share on revenue of $88.63 million.
&bull; Saia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) is estimated to report quarterly earnings at $3.62 per share on revenue of $745.98 million.
&bull; AerCap Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AER#NYSE">AER</a>) is estimated to report quarterly earnings at $2.73 per share on revenue of $1.89 billion.
&bull; Arbor Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>) is likely to report quarterly earnings at $0.45 per share on revenue of $99.96 million.
&bull; LyondellBasell Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>) is estimated to report quarterly earnings at $2.02 per share on revenue of $10.10 billion.
&bull; Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) is projected to report quarterly earnings at $2.24 per share on revenue of $83.76 billion.
&bull; Barnes Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/B#NYSE">B</a>) is projected to report quarterly earnings at $0.48 per share on revenue of $356.50 million.
&bull; Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) is likely to report quarterly earnings at $3.33 per share on revenue of $47.79 billion.
&bull; Fortis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTS#NYSE">FTS</a>) is likely to report quarterly earnings at $0.81 per share on revenue of $2.91 billion.
&bull; Carter&#39;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRI#NYSE">CRI</a>) is likely to report quarterly earnings at $1.54 per share on revenue of $786.35 million.
&bull; Xcel Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>) is likely to report quarterly earnings at $1.27 per share on revenue of $4.00 billion.
&bull; Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) is projected to report quarterly earnings at $4.76 per share on revenue of $38.96 billion.
&bull; Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) is expected to report quarterly earnings at $7.94 per share on revenue of $13.63 billion.
&bull; CBRE Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>) is likely to report quarterly earnings at $0.67 per share on revenue of $7.42 billion.
&bull; ArcBest (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCB#NASDAQ">ARCB</a>) is likely to report quarterly earnings at $1.50 per share on revenue of $1.13 billion.
&bull; Stanley Black &amp; Decker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>) is likely to report quarterly earnings at $0.83 per share on revenue of $3.97 billion.
&bull; Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) is expected to report quarterly earnings at $0.54 per share on revenue of $749.17 million.
&bull; NatWest Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWG#NYSE">NWG</a>) is likely to report earnings for its third quarter.
&bull; Lincoln Electric Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LECO#NASDAQ">LECO</a>) is projected to report quarterly earnings at $2.25 per share on revenue of $1.04 billion.
&bull; Stellar Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEL#NYSE">STEL</a>) is estimated to report quarterly earnings at $0.57 per share on revenue of $109.35 million.
&bull; AutoNation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AN#NYSE">AN</a>) is projected to report quarterly earnings at $5.49 per share on revenue of $6.72 billion.
&bull; Colgate-Palmolive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) is expected to report quarterly earnings at $0.80 per share on revenue of $4.82 billion.
&bull; nVent Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVT#NYSE">NVT</a>) is likely to report quarterly earnings at $0.73 per share on revenue of $881.14 million.
&bull; Cumulus Media (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMLS#NASDAQ">CMLS</a>) is estimated to report quarterly loss at $0.19 per share on revenue of $207.47 million.
&bull; Oil States International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OIS#NYSE">OIS</a>) is estimated to report quarterly earnings at $0.04 per share on revenue of $189.85 million.
&bull; Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) is expected to report quarterly earnings at $0.32 per share on revenue of $163.79 million.
&bull; Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is likely to report quarterly earnings at $0.97 per share on revenue of $237.08 million.
&bull; Alliance Res Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARLP#NASDAQ">ARLP</a>) is likely to report quarterly earnings at $1.28 per share on revenue of $667.56 million.
&bull; Virtus Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTS#NASDAQ">VRTS</a>) is likely to report quarterly earnings at $6.21 per share on revenue of $200.57 million.
&bull; Civeo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVEO#NYSE">CVEO</a>) is estimated to report quarterly earnings at $0.21 per share on revenue of $166.74 million.
&bull; Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) is expected to report quarterly earnings at $0.23 per share on revenue of $2.12 billion.
&bull; Eni (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/E#NYSE">E</a>) is likely to report earnings for its third quarter.
&bull; Booz Allen Hamilton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) is projected to report quarterly earnings at $1.33 per share on revenue of $2.61 billion.
&bull; Aon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) is estimated to report quarterly earnings at $2.21 per share on revenue of $2.89 billion.
&bull; PNM Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNM#NYSE">PNM</a>) is likely to report quarterly earnings at $1.34 per share on revenue of $651.91 million.
&bull; Chart Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) is estimated to report quarterly earnings at $1.61 per share on revenue of $1.04 billion.
&bull; Avantor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVTR#NYSE">AVTR</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $1.71 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Socket Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCKT#NASDAQ">SCKT</a>) is projected to report quarterly loss at $0.07 per share on revenue of $5.22 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ARCB

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AVTR

CBRE

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CIVB

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CVEO

EQNR

Fomento Economico Mexicano S.A.B. De C.V.

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SAIA

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STEL

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Earnings Scheduled For October 27, 2023

Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is set to give its latest quarterly earnings report on Friday, 2023-10-27. Here's what investors need to know before the announcement.
Analysts estimate that Balchem will report an earnings per share (EPS) of $0.97. 
Balchem bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.22, which was followed by a 0.0% drop in the share price the next day.
Here's a look at Balchem's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.84</td>
<td>0.70</td>
<td>0.83</td>
<td>0.85</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.06</td>
<td>0.94</td>
<td>0.94</td>
<td>1</td>
</tr>
<tr>
<td>Price Change %</td>
<td>1.8%</td>
<td>4.05%</td>
<td>-0.87%</td>
<td>2.42%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1698336102_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Balchem were trading at $121.07 as of October 25. Over the last 52-week period, shares are down 12.93%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/BCPC/earnings">To track all earnings releases for Balchem visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Balchem

HC Wainwright &amp; Co. analyst Raghuram Selvaraju maintains Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) with a Buy and raises the price target from $150 to $165.

HC Wainwright & Co. Maintains Buy on Balchem, Raises Price Target to $165

Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) reported adjusted quarterly earnings of $1.06 per share which beat the analyst consensus estimate of $0.84 by 26.19 percent. This is a 0.93 percent decrease over earnings of $1.07 per share from the same period last year. The company reported quarterly sales of $231.30 million which missed the analyst consensus estimate of $244.87 million by 5.54 percent. This is a 2.28 percent decrease over sales of $236.69 million the same period last year.

Balchem Q2 Adj EPS $1.06 Beats $0.84 Estimate, Sales $231.30M Miss $244.87M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Sanofi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) is likely to report quarterly earnings at $1.58 per share on revenue of $11.32 billion.
&bull; AstraZeneca (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) is expected to report quarterly earnings at $0.95 per share on revenue of $10.96 billion.
&bull; First Hawaiian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FHB#NASDAQ">FHB</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $211.99 million.
&bull; Carter&#39;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRI#NYSE">CRI</a>) is projected to report quarterly earnings at $0.51 per share on revenue of $600.40 million.
&bull; nVent Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVT#NYSE">NVT</a>) is projected to report quarterly earnings at $0.68 per share on revenue of $786.75 million.
&bull; Avantor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVTR#NYSE">AVTR</a>) is projected to report quarterly earnings at $0.29 per share on revenue of $1.80 billion.
&bull; Aon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) is projected to report quarterly earnings at $2.82 per share on revenue of $3.16 billion.
&bull; Gentex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNTX#NASDAQ">GNTX</a>) is estimated to report quarterly earnings at $0.40 per share on revenue of $539.04 million.
&bull; Franklin Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEN#NYSE">BEN</a>) is projected to report quarterly earnings at $0.60 per share on revenue of $1.90 billion.
&bull; T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) is estimated to report quarterly earnings at $1.71 per share on revenue of $1.58 billion.
&bull; Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) is projected to report quarterly earnings at $7.66 per share on revenue of $13.85 billion.
&bull; Booz Allen Hamilton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAH#NYSE">BAH</a>) is projected to report quarterly earnings at $1.25 per share on revenue of $2.50 billion.
&bull; Church &amp; Dwight Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHD#NYSE">CHD</a>) is expected to report quarterly earnings at $0.79 per share on revenue of $1.42 billion.
&bull; W.P. Carey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPC#NYSE">WPC</a>) is projected to report earnings for its second quarter.
&bull; Colgate-Palmolive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) is projected to report quarterly earnings at $0.75 per share on revenue of $4.67 billion.
&bull; Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $2.15 billion.
&bull; Centene (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>) is expected to report quarterly earnings at $2.05 per share on revenue of $36.04 billion.
&bull; Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) is projected to report quarterly earnings at $1.32 per share on revenue of $20.02 billion.
&bull; Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) is expected to report quarterly earnings at $2.95 per share on revenue of $51.42 billion.
&bull; Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) is likely to report quarterly earnings at $2.00 per share on revenue of $78.84 billion.
&bull; Newmark Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMRK#NASDAQ">NMRK</a>) is expected to report quarterly earnings at $0.21 per share on revenue of $558.87 million.
&bull; Stevanato Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STVN#NYSE">STVN</a>) is likely to report quarterly earnings at $0.14 per share on revenue of $276.87 million.
&bull; Imperial Oil (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IMO#AMEX">IMO</a>) is estimated to report quarterly earnings at $0.88 per share on revenue of $9.85 billion.
&bull; Costamare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMRE#NYSE">CMRE</a>) is estimated to report quarterly earnings at $0.59 per share on revenue of $256.52 million.
&bull; Chart Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) is expected to report quarterly earnings at $0.93 per share on revenue of $971.81 million.
&bull; Citizens (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIA#NYSE">CIA</a>) is expected to report quarterly earnings at $0.12 per share on revenue of $334.15 million.
&bull; Arbor Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>) is estimated to report quarterly earnings at $0.44 per share on revenue of $99.11 million.
&bull; WisdomTree (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WT#NYSE">WT</a>) is likely to report quarterly earnings at $0.08 per share on revenue of $84.63 million.
&bull; Virtus Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTS#NASDAQ">VRTS</a>) is likely to report quarterly earnings at $5.88 per share on revenue of $197.52 million.
&bull; Capital Product Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPLP#NASDAQ">CPLP</a>) is expected to report quarterly earnings at $0.69 per share on revenue of $82.38 million.
&bull; Dana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAN#NYSE">DAN</a>) is projected to report quarterly earnings at $0.17 per share on revenue of $2.74 billion.
&bull; Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) is likely to report quarterly earnings at $0.47 per share on revenue of $571.24 million.
&bull; RealReal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REAL#NASDAQ">REAL</a>) is likely to report quarterly loss at $0.01 per share on revenue of $14.73 million.
&bull; Cumulus Media (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMLS#NASDAQ">CMLS</a>) is likely to report quarterly loss at $0.37 per share on revenue of $208.78 million.
&bull; Piper Sandler (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PIPR#NYSE">PIPR</a>) is expected to report quarterly earnings at $1.15 per share on revenue of $274.00 million.
&bull; Saia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) is expected to report quarterly earnings at $3.27 per share on revenue of $702.61 million.
&bull; CNH Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNHI#NYSE">CNHI</a>) is projected to report quarterly earnings at $0.48 per share on revenue of $6.44 billion.
&bull; Stellar Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEL#NYSE">STEL</a>) is estimated to report quarterly earnings at $0.68 per share on revenue of $116.78 million.
&bull; Dime Community Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCOM#NASDAQ">DCOM</a>) is estimated to report quarterly earnings at $0.60 per share on revenue of $80.47 million.
&bull; Civeo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVEO#NYSE">CVEO</a>) is estimated to report quarterly earnings at $0.31 per share on revenue of $173.59 million.
&bull; Eni (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/E#NYSE">E</a>) is expected to report earnings for its second quarter.
&bull; Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is expected to report quarterly earnings at $0.84 per share on revenue of $244.87 million.
&bull; Lazydays Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZY#NASDAQ">LAZY</a>) is expected to report quarterly earnings at $0.11 per share on revenue of $315.17 million.
&bull; Moog Inc. Class A Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOG#NYSE">MOG</a>) is projected to report quarterly earnings at $1.47 per share on revenue of $803.53 million.
&bull; ArcBest (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCB#NASDAQ">ARCB</a>) is likely to report quarterly earnings at $2.05 per share on revenue of $1.11 billion.
&bull; Civista Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIVB#NASDAQ">CIVB</a>) is likely to report quarterly earnings at $0.72 per share on revenue of $42.75 million.
&bull; Banco Itau (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITCL#NYSE">ITCL</a>) is expected to report earnings for its second quarter.
&bull; Gorman-Rupp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRC#NYSE">GRC</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $146.38 million.
&bull; Barnes Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/B#NYSE">B</a>) is expected to report quarterly earnings at $0.54 per share on revenue of $339.16 million.
<h3>Companies Reporting After The Bell</h3>
&bull; HomeStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HMST#NASDAQ">HMST</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $56.63 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

CMRE

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Earnings Scheduled For July 28, 2023

Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is set to give its latest quarterly earnings report on Friday, 2023-07-28. Here's what investors need to know before the announcement.
Analysts estimate that Balchem will report an earnings per share (EPS) of $0.84. 
Balchem bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.24, which was followed by a 0.0% drop in the share price the next day.
Here's a look at Balchem's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
<th>Q2 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.70</td>
<td>0.83</td>
<td>0.85</td>
<td>1</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.94</td>
<td>0.94</td>
<td>1</td>
<td>1.07</td>
</tr>
<tr>
<td>Price Change %</td>
<td>4.05%</td>
<td>-0.87%</td>
<td>2.42%</td>
<td>0.67%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1690473727_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Balchem were trading at $128.99 as of July 26. Over the last 52-week period, shares are down 5.05%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/BCPC/earnings">To track all earnings releases for Balchem visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

HC Wainwright &amp; Co. analyst Raghuram Selvaraju maintains Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) with a Buy and raises the price target from $140 to $150.

HC Wainwright & Co. Maintains Buy on Balchem, Raises Price Target to $150

AVNT

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Shares of chemical companies are trading higher amid overall market strength on renewed economic optimism following US Senate passage of a debt limit bill and strong US jobs data.

<a href="https://pro.benzinga.com/?utm_source=insights">According to Benzinga Pro,</a> during Q1, Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) earned $22.71 million, a 6.09% increase from the preceding quarter. Balchem also posted a total of $232.54 million in sales, a 0.0% increase since Q4. Balchem earned $21.41 million, and sales totaled $232.53 million in Q4.
<h3>What Is Return On Capital Employed?</h3>
Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q1, Balchem posted an ROCE of 0.02%.
It is important to keep in mind that ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but does not account for factors that could affect earnings and sales in the near future. 
ROCE is a powerful metric for comparing the effectiveness of capital allocation for similar companies. A relatively high ROCE shows Balchem is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and, ultimately, earnings per share (EPS) growth. 
For Balchem, the positive return on capital employed ratio of 0.02% suggests that management is allocating their capital effectively. Effective capital allocation is a positive indicator that a company will achieve more durable success and favorable long-term returns.
<h3>Analyst Predictions</h3>
Balchem reported Q1 earnings per share at $0.94/share, which beat analyst predictions of $0.7/share.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Looking Into Balchem's Return On Capital Employed

<h3>Companies Reporting Before The Bell</h3>
&bull; GrafTech International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAF#NYSE">EAF</a>) is likely to report quarterly loss at $0.01 per share on revenue of $123.00 million.
&bull; RealReal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REAL#NASDAQ">REAL</a>) is estimated to report quarterly loss at $0.05 per share on revenue of $12.52 million.
&bull; Dana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAN#NYSE">DAN</a>) is estimated to report quarterly earnings at $0.08 per share on revenue of $2.56 billion.
&bull; Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) is projected to report quarterly earnings at $0.25 per share on revenue of $699.81 million.
&bull; Chart Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) is expected to report quarterly earnings at $0.51 per share on revenue of $476.84 million.
&bull; Sony Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) is estimated to report quarterly earnings at $0.45 per share on revenue of $17.55 billion.
&bull; Carter&#39;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRI#NYSE">CRI</a>) is expected to report quarterly earnings at $0.59 per share on revenue of $648.58 million.
&bull; Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) is expected to report quarterly earnings at $0.66 per share on revenue of $501.42 million.
&bull; TC Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRP#NYSE">TRP</a>) is likely to report quarterly earnings at $0.76 per share on revenue of $2.66 billion.
&bull; Bloomin Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) is likely to report quarterly earnings at $0.81 per share on revenue of $1.22 billion.
&bull; ArcBest (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCB#NASDAQ">ARCB</a>) is projected to report quarterly earnings at $1.80 per share on revenue of $1.18 billion.
&bull; Imperial Oil (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IMO#AMEX">IMO</a>) is likely to report quarterly earnings at $1.48 per share on revenue of $9.96 billion.
&bull; Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) is likely to report quarterly earnings at $2.59 per share on revenue of $85.41 billion.
&bull; Saia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) is projected to report quarterly earnings at $2.69 per share on revenue of $667.16 million.
&bull; Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) is likely to report quarterly earnings at $3.41 per share on revenue of $47.89 billion.
&bull; Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) is estimated to report quarterly earnings at $7.50 per share on revenue of $13.62 billion.
&bull; Ares Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARES#NYSE">ARES</a>) is projected to report quarterly earnings at $0.81 per share on revenue of $698.04 million.
&bull; PureTech Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRTC#NASDAQ">PRTC</a>) is estimated to report earnings for its Fiscal Year 2022.
&bull; Fomento Economico (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMX#NYSE">FMX</a>) is projected to report quarterly earnings at $1.35 per share on revenue of $9.44 billion.
&bull; First Hawaiian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FHB#NASDAQ">FHB</a>) is estimated to report quarterly earnings at $0.54 per share on revenue of $219.64 million.
&bull; Civista Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIVB#NASDAQ">CIVB</a>) is likely to report quarterly earnings at $0.80 per share on revenue of $43.59 million.
&bull; Moog Inc. Class A Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOG#NYSE">MOG</a>) is estimated to report quarterly earnings at $1.43 per share on revenue of $788.00 million.
&bull; Stellar Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STEL#NASDAQ">STEL</a>) is likely to report quarterly earnings at $0.71 per share on revenue of $120.80 million.
&bull; Immunogen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMGN#NASDAQ">IMGN</a>) is estimated to report quarterly loss at $0.25 per share on revenue of $20.47 million.
&bull; nVent Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVT#NYSE">NVT</a>) is projected to report quarterly earnings at $0.61 per share on revenue of $732.45 million.
&bull; Dime Community Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCOM#NASDAQ">DCOM</a>) is estimated to report quarterly earnings at $0.82 per share on revenue of $95.67 million.
&bull; Eni (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/E#NYSE">E</a>) is projected to report earnings for its first quarter.
&bull; Banco Itau Chile (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITCB#NYSE">ITCB</a>) is expected to report earnings for its first quarter.
&bull; Gentex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNTX#NASDAQ">GNTX</a>) is likely to report quarterly earnings at $0.37 per share on revenue of $529.56 million.
&bull; New York Community (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYCB#NYSE">NYCB</a>) is expected to report quarterly earnings at $0.23 per share on revenue of $524.83 million.
&bull; Colgate-Palmolive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) is likely to report quarterly earnings at $0.70 per share on revenue of $4.58 billion.
&bull; LyondellBasell Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>) is likely to report quarterly earnings at $1.74 per share on revenue of $10.78 billion.
&bull; Virtus Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTS#NASDAQ">VRTS</a>) is projected to report quarterly earnings at $3.81 per share on revenue of $175.33 million.
&bull; Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) is expected to report quarterly loss at $0.03 per share on revenue of $1.79 billion.
&bull; Civeo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVEO#NYSE">CVEO</a>) is projected to report quarterly loss at $0.26 per share on revenue of $157.04 million.
&bull; Lazard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAZ#NYSE">LAZ</a>) is projected to report quarterly earnings at $0.26 per share on revenue of $562.51 million.
&bull; Aon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AON#NYSE">AON</a>) is projected to report quarterly earnings at $5.32 per share on revenue of $3.84 billion.
&bull; Twin Disc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWIN#NASDAQ">TWIN</a>) is likely to report earnings for its third quarter.
&bull; WisdomTree (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WT#NYSE">WT</a>) is projected to report quarterly earnings at $0.05 per share on revenue of $79.19 million.
&bull; Shenandoah (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHEN#NASDAQ">SHEN</a>) is projected to report quarterly loss at $0.02 per share on revenue of $70.03 million.
&bull; JinkoSolar Holding Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) is likely to report quarterly earnings at $0.44 per share on revenue of $3.23 billion.
&bull; W.P. Carey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPC#NYSE">WPC</a>) is expected to report earnings for its first quarter.
&bull; Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is projected to report quarterly earnings at $0.70 per share on revenue of $231.83 million.
&bull; Avantor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVTR#NYSE">AVTR</a>) is estimated to report quarterly earnings at $0.28 per share on revenue of $1.77 billion.
&bull; Sensient Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SXT#NYSE">SXT</a>) is estimated to report quarterly earnings at $0.78 per share on revenue of $370.07 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) is estimated to report quarterly earnings at $0.59 per share on revenue of $173.50 million.
&bull; Argo Blockchain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBK#NASDAQ">ARBK</a>) is likely to report earnings for its fourth quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For April 28, 2023

Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) reported quarterly earnings of $0.94 per share which beat the analyst consensus estimate of $0.70 by 34.29 percent. This is a 8.74 percent decrease over earnings of $1.03 per share from the same period last year. The company reported quarterly sales of $232.54 million which beat the analyst consensus estimate of $231.83 million by 0.31 percent. This is a 1.60 percent increase over sales of $228.87 million the same period last year.

Balchem Q1 Adj EPS $0.94 Beats $0.70 Estimate, Sales $232.54M Beat $231.83M Estimate

Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) is set to give its latest quarterly earnings report on Friday, 2023-04-28. Here's what investors need to know before the announcement.
Analysts estimate that Balchem will report an earnings per share (EPS) of $0.70. 
Balchem bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.11, which was followed by a 0.0% drop in the share price the next day.
Here's a look at Balchem's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
<th>Q2 2022</th>
<th>Q1 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.83</td>
<td>0.85</td>
<td>1</td>
<td>0.82</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.94</td>
<td>1</td>
<td>1.07</td>
<td>1.03</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.87%</td>
<td>2.42%</td>
<td>0.67%</td>
<td>-3.44%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1682607770_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Balchem were trading at $124.09 as of April 26. Over the last 52-week period, shares are up 1.98%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<a href="https://www.benzinga.com/quote/BCPC/earnings">To track all earnings releases for Balchem visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

HC Wainwright &amp; Co. analyst Raghuram Selvaraju maintains Balchem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCPC#NASDAQ">BCPC</a>) with a Buy and lowers the price target from $152 to $140.

HC Wainwright & Co. Maintains Buy on Balchem, Lowers Price Target to $140

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
If you&rsquo;re wondering if there are any worthwhile food stocks to own currently, look no further. <a href="https://investorplace.com/industries/consumer-staples/food/">Food stocks</a> saw collective investor enthusiasm fall off a cliff in recent years. The plant-based meat products largely proved a bust as consumers made their <a href="https://www.wsj.com/articles/no-lucky-charms-plenty-of-okrawhats-left-at-the-grocery-store-11584542687">preference for &ldquo;real meat&rdquo;</a> known. But that doesn&rsquo;t mean we need to throw the baby out with the soy-flavored bathwater.



Beyond (pun intended) the misguided push for meat alternatives, a real and organic (also pun intended) movement is actively springing up around the future of food. Seed oil rejection, farm-to-table emphases, sustainable farming practices, and more are increasingly anchoring consumer food buying habits. Luckily, for investors and discerning shoppers alike, a handful of food stocks are stepping up to the plate to answer the collective question, &ldquo;<a href="https://www.youtube.com/watch?v=1FZNYXKHwNw">Where&rsquo;s the beef</a>?&rdquo;



<h2>Balchem Corp (BCPC)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/farming-1-300x169.jpg" alt=""><div>Source: Shutterstock</div></div>


Balchem Corp (NASDAQ:<a href="https://investorplace.com/stock-quotes/bcpc-stock-quote/">BCPC</a>) is a chemical and gas manufacturer that may not seem a likely candidate for top food stocks. However, the company emphasizes farm animal nutrition, from <a href="https://balchem.com/animal-nutrition-health/products/keyshure/">dairy cow mineral supplementation</a> to <a href="https://balchem.com/animal-nutrition-health/products/vitashure-c/">Vitamin C for chickens</a>. While Balchem&rsquo;s operational model swings farther toward factory farming than it does an organic hippy operation, the company&rsquo;s helping those industrial operations ensure health and vitality for their eventual meat products, which, in turn, reduces reliance on nastier chemicals, hormones, and antibiotics.



Balchem&rsquo;s industrial-sized operation and diverse product offerings also make it a top food stock for a stabler portfolio than some more speculative food stocks. The <a href="https://www.barrons.com/market-data/stocks/bcpc">company&rsquo;s beta is 0.85</a>, meaning it is less volatile than the wider market as a result of its contributions to consumer staple industries. Better yet, despite less volatility, the <a href="https://equityset.com/company/bcpc">stock returned</a> roughly the same as the S&amp;P 500 over the past year &ndash; both right around 22%, with BCPC generating returns with fewer dips and drawdowns.



<h2>Local Bounti Corp (LOCL)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/11/greenhouse-300x169.jpg" alt="Several rows of tomato plants inside an industrial greenhouse. EDBL stock"><div>Source: Shutterstock</div></div>


Local Bounti Corp (NYSE:<a href="https://investorplace.com/stock-quotes/locl-stock-quote/">LOCL</a>) dubs itself &ldquo;<a href="https://localbounti.com/about-us/">The Farm of the Future</a>,&rdquo; thus ensuring its place on a list of food stocks to invest in the future of foods. LOCL is a greenhouse-based agricultural operation that lets customers enjoy out-of-season produce throughout the year. Better yet, the company contributes mightily to shifting sustainability demands, as its growing operations use 90% less water and land than traditional farming while emphasizing a &ldquo;local first&rdquo; expansion model.



To be honest, the company&rsquo;s current position is better-suited to the ZIRP era. The company is still in its early stages. Although it is growing, this growth comes with expenses that sales have not yet balanced. For example, though the <a href="https://investors.localbounti.com/news-events/press-releases/detail/62/local-bounti-announces-third-quarter-2023-financial-results">company&rsquo;s sales ticked</a> up in the most recent quarter, it still posted a $24 million net loss (though improved from the prior year). Still, the company weathered the economic storm thus far where many speculative food stocks faltered and failed, i.e., inherent losers like Tattooed Chef (OTCMKTS:<a href="https://investorplace.com/stock-quotes/ttcfq-stock-quote/">TTCFQ</a>). If LOCL can keep treading water without going under, the company&rsquo;s sustainable food stock position has a bright future.



<h2>Steakholder Foods Ltd. (STKH)</h2>


<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/steak-meat-food-300x169.png" alt="A steak surrounded by flame on a grill."><div>Source: Joshua Resnick / Shutterstock.com</div></div>


Steakholder Foods Ltd. (NASDAQ:<a href="https://investorplace.com/stock-quotes/stkh-stock-quote/">STKH</a>) takes the paradigm that Beyond Meat (NASDAQ:<a href="https://investorplace.com/stock-quotes/bynd-stock-quote/">BYND</a>) espoused and turns it into something more digestible to consumer appeal. Instead of soy slop, STKH uses next-gen 3D printing technology to turn loose cells into near-indistinguishable steak cuts and fish fillets. The company&rsquo;s products are sometimes called &ldquo;clean meat&rdquo; because (unlike industrial farming) there are far fewer environmental impacts to consider and different (but not less, necessarily) ethical concerns.



Like LOCL, STKH trades well within penny stock territory. In STKH&rsquo;s case, R&amp;D is increasingly expensive in a high-rate regime, stymying rapid progress and bringing shares well below past highs. Not quite ready for commercialization either, the company&rsquo;s <a href="https://equityset.com/company/stkh?tag=financials&amp;tab=balance-sheet">recent losses and a dwindling cash balance</a> pose a serious risk to its future. Still, the company&rsquo;s proprietary tech is unmatched within the current business landscape. That moat increases the odds that &ndash; if it goes under operationally &ndash; a competitor or large food company could step in to save it.



On the date of publication, Jeremy Flint held no positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
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The post <a href="https://investorplace.com/2024/01/3-tantalizing-stocks-to-invest-in-the-future-of-food/">3 Tantalizing Stocks to Invest in the Future of Food</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Tantalizing Stocks to Invest in the Future of Food

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Balchem Q4 2023 Earnings Preview

Balchem Non-GAAP EPS of $0.95 beats by $0.02, revenue of $228.7M misses by $5.96M

Balchem Corporation (BCPC) Q4 2023 Earnings Call Transcript

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Growth of Propylene Oxide By Market Size, Share, Product, Industry growth, Trend, COVID-19 Impact Analysis, Geographies and Market Players, Forecast 2023- 2035

Press Releases

Balchem Corporation Announces Quarterly Conference Call for Third Quarter Financial Results on October 27, 2023

Balchem Corporation Reports Third Quarter Sales of $229.9 Million, with Net Earnings of $29.1 Million, GAAP EPS of $0.90, and Adjusted EPS of $1.04

Dividends

Balchem Corporation Announces Dividend

Balchem Corporation Named on Newsweek's 2024 List of America's Most Responsible Companies

Balchem Corporation Announces Quarterly Conference Call for Fourth Quarter Financial Results on February 16, 2024

Balchem Corporation Reports Fourth Quarter and Full Year 2023 Financial Results

Balchem Corporation to Participate at the BNP Paribas Exane 12th Consumer Ingredients Conference on March 14, 2024

Balchem Corporation Announces Quarterly Conference Call for First Quarter Financial Results on May 3, 2024