Stepan Earnings Preview

Stepan SCL is set to give its latest quarterly earnings report on Wednesday, 2021-10-20. Here's what investors need to know before the announcement.

Analysts estimate that Stepan will likely report an Earnings Per Share (EPS) of $1.42

Stepan bulls will hope to hear the company to 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).

Historical Earnings Performance

Last quarter the company missed on EPS by -1.09%, which was followed by a $0.17 increase in the share price the next day.

Here's a look at Stepan's past performance and the resulting price change:

Stock Performance

Shares of Stepan were trading at $118.54 as of October 18. Over the last 52-week period, shares are up 2.42%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.