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IFF — International Flavors & Fragrances News Story

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International Flavors & Fragrances Inc reports results for the quarter ended June 30 - Earnings Summary

International Flavors & Fragrances Inc IFF.N reported quarterly adjusted earnings of $1.15​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.16.  The mean expectation of thirteen analysts for the quarter was for earnings of $1.12 per share. Wall Street expected results to range from $1.10  to $1.15 per share.

Revenue fell 4.3% to $2.76 billion from a year ago; analysts expected $2.70 billion.

International Flavors & Fragrances Inc's reported EPS for the quarter was $2.38​.

The company reported quarterly net income of $612 million.

International Flavors & Fragrances Inc shares had fallen by 4.6% this quarter and lost 17.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 6.5% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the food processing peer group is also "buy"

Wall Street's median 12-month price target for International Flavors & Fragrances Inc is $90.00, about 21.5% above its last closing price of $70.62

This summary was machine generated from LSEG data August 5 at 10:29 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.121.15Beat
Mar. 31 20251.141.20Beat
Dec. 31 20240.810.97Beat
Sep. 30 20241.081.04Missed

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