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0.61%
-1.02
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Why is Balchem Corp (BCPC) Stock down?
We've noticed a 5.25% decline in Balchem Corp (BCPC) stock during the 2024-11-07 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
27 Oct, 2023:
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.
0.07%
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