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Stepan Q3 Adj. EPS $0.64 Misses $0.82 Estimate, Sales $562.23M Miss $619.48M Estimate

Author: Benzinga Newsdesk | October 18, 2023 07:03am

Stepan (NYSE:SCL) reported adjusted quarterly earnings of $0.64 per share which missed the analyst consensus estimate of $0.82 by 21.95 percent. This is a 68.16 percent decrease over earnings of $2.01 per share from the same period last year. The company reported quarterly sales of $562.23 million which missed the analyst consensus estimate of $619.48 million by 9.24 percent. This is a 21.82 percent decrease over sales of $719.18 million the same period last year.

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