Recap: Balchem Q3 Earnings

Balchem BCPC reported its Q3 earnings results on Friday, November 4, 2022 at 08:00 AM.

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

Balchem beat estimated earnings by 17.65%, reporting an EPS of $1.0 versus an estimate of $0.85.

Revenue was up $46.40 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 0.67% increase in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	1	0.82	0.85	0.90
EPS Actual	1.07	1.03	0.85	0.92
Revenue Estimate	225.49M	207.69M	198.17M	196.13M
Revenue Actual	236.69M	228.87M	213.13M	197.87M

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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