Stepan Co (SCL) Q3 2024: Everything You Need to Know Ahead of Earnings

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Oct 29, 2024
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Stepan Co (SCL, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $585.90 million, and the earnings are expected to come in at $0.68 per share. The full year 2024's revenue is expected to be $2.24 billion and the earnings are expected to be $2.11 per share. More detailed estimate data can be found on the Forecast page.

Stepan Co (SCL, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Stepan Co (SCL) have seen a downward revision, moving from $2.30 billion to $2.24 billion for the full year 2024, and from $2.54 billion to $2.45 billion for 2025. During the same period, earnings estimates have also been adjusted, decreasing from $2.59 per share to $2.11 per share for the full year 2024, while increasing from $4.21 per share to $4.25 per share for 2025.

Stepan Co (SCL, Financial) Reported History

In the previous quarter of 2024-06-30, Stepan Co's (SCL) actual revenue was $556.41 million, which missed analysts' revenue expectations of $589.8 million by -5.66%. Stepan Co's (SCL) actual earnings were $0.61 per share, which beat analysts' earnings expectations of $0.30 per share by 103.33%. After releasing the results, Stepan Co (SCL) was up by 0.01% in one day.

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Stepan Co (SCL, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for Stepan Co (SCL) is $97 with a high estimate of $97 and a low estimate of $97. The average target implies an upside of 31.31% from the current price of $73.87.

Based on GuruFocus estimates, the estimated GF Value for Stepan Co (SCL, Financial) in one year is $94.27, suggesting an upside of 27.62% from the current price of $73.87.

Based on the consensus recommendation from 2 brokerage firms, Stepan Co's (SCL, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.