Balchem Corp (BCPC)

Shares of Balchem Corporation (BCPC) dropped by 5.42% from $121.68 to $115.08 in the trading on Friday, October 27, 2023. The reason why BCPC stock down is due to the company's week third-quarter 2023 earnings report.

• Earnings: The company reported earnings of $0.90 per share, missing the expected $0.91 per share and falling short of last year's $0.78 per share.
• Revenue: Balchem, part of the Zacks Chemical - Specialty industry, reported $229.95 million in revenues for the quarter ending in September 2023, missing the consensus estimate by 3.57% compared to $244.27 million the previous year.