Weekly Comments – May 15, 2017 – BCPC, DAR, HCKT, WATT

BCPC  –  Updated view following earnings report.  Last week Balchem Corporation reported sales in-line with expectations, but earnings disappointed.  The Company earned $15.5 million or $0.48 per share compared favorably to the prior year quarter,…

DAR  –  Revised outlook after quarter report.  In the first quarter ending March 2017, Darling Ingredients reported sales and earnings of $880.1 million and $5.8 million, respectively.  Sales grew 12.3% over the same period last year, topping expectations for…

HCKT  –  Updated view following price movement.  The Hackett Group reported sales and earnings in the quarter ending March 2017, in-line with expectations.  Total sales were $71.4 million, representing 4% year-over-year growth.  Earnings were $0.24 per…

WATT –  Revised outlook following progress report.  Energous management announced a timetable for first orders and production of chipsets incorporating the Company’s WattUp distance charging technology.  Firm orders are now expected before the end of…

 

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