Brief: Sensient Technologies Reports Results For Quarter Ended March 31, 2022

Sensient Technologies

29/04/2022 12:01

April 29 (Reuters) - Sensient Technologies Corp  SXT.N :
    * ORATION REPORTS RESULTS FOR THE QUARTER ENDED MARCH 31,
2022
    * Q1 REVENUE $355.5 MILLION VERSUS $359.7 MILLION
    * Q1 EARNINGS PER SHARE $0.88
    * RAISES 2022 GUIDANCE BASED ON STRONG Q1 RESULTS AND
FAVORABLE
OUTLOOK
    * SENSIENT TECHNOLOGIES - NOW EXPECTS 2022 GAAP DILUTED EPS
TO
GROW AT HIGH-TEEN GROWTH RATE VERSUS 2021 REPORTED GAAP DILUTED
EPS OF $2.81
    * QTRLY ADJUSTED DILUTED EARNINGS PER SHARE $0.88
    * SENSIENT TECHNOLOGIES - NOW EXPECTS 2022 REVENUE TO GROW
AT
MID-TO-HIGH SINGLE-DIGIT RATE IN LOCAL CURRENCY COMPARED TO CO’S
2021 ADJUSTED REVENUE
    * SENSIENT TECHNOLOGIES -  NOW EXPECTS 2022 ADJUSTED EBITDA,
DILUTED EPS TO GROW AT A HIGH SINGLE- TO DOUBLE-DIGIT RATE IN
LOCAL CURRENCY
    * SEES 2022 EPS REPORTED ON A U.S. DOLLAR BASIS TO BE
IMPACTED BY
APPROXIMATELY 12 CENTS OF FOREIGN CURRENCY HEADWINDS

Source text for Eikon:  ID:nBwbNKTdSa 
Further company coverage:  SXT.N 

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