Blachem (BCPC) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Blachem (BCPC) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the earnings report expected on May 3, 2024, which could significantly influence the stock price depending on the actual results compared to estimates [1] Financial Expectations - The consensus estimate for Blachem's quarterly earnings is $0.94 per share, reflecting a year-over-year increase of +34.3% [2] - Expected revenues for the quarter are $235.56 million, which is a 1.3% increase from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has been revised 0.51% lower in the last 30 days, indicating a reassessment by analysts [2] - The Most Accurate Estimate for Blachem is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +4.26%, suggesting a recent bullish sentiment among analysts [5] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [4] - Blachem currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [5][6] Historical Performance - In the last reported quarter, Blachem was expected to post earnings of $0.87 per share but delivered $0.82, resulting in a surprise of -5.75% [7] - Over the past four quarters, Blachem has only beaten consensus EPS estimates once [7] Industry Comparison - Linde (LIN), another player in the Zacks Chemical - Specialty industry, is expected to report earnings of $3.68 per share, indicating a year-over-year change of +7.6% [9] - Linde's expected revenues are $8.36 billion, up 2% from the previous year, with a lower Most Accurate Estimate leading to an Earnings ESP of -0.54% [9]