Stepan Company (NYSE: SCL) is expected to release earnings results for its fourth quarter, before the opening bell on Feb. 20, 2024.
Analysts expect the Northbrook, Illinois-based company to report quarterly earnings at 37 cents per share, down from year-ago earnings of 59 cents per share. Stepan is projected to post revenue of $534.53 billion for the latest quarter, compared to $627.18 million in the year-earlier quarter, according to data from Benzinga Pro.
Stepan recently announced the appointment of Susan M. Lewis as a director, effective on Feb. 15.
During October, the company reported a third-quarter FY23 sales decrease of 22% year-on-year, to $562.226 million, missing the analyst consensus of $603.72 million owing to lower selling prices.
With the recent buzz around Stepan, some investors may be eyeing potential gains from the company’s dividends. As of now, Stepan has …
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