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.

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.

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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