Sensient Technologies Corp reports results for the quarter ended in December - Earnings Summary

Sensient Technologies

09/02/2024 15:30

* Sensient Technologies Corp  SXT.N  reported quarterly
adjusted
earnings of 51 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 69 cents.  The lone analyst forecast for
the quarter was for earnings of 55 cents per share. 
    * Revenue rose 0.2% to $349.30 million from a year ago;
analysts
expected $371.00 million. 
    * Sensient Technologies Corp's reported EPS for the quarter
was a
loss of 14 cents​.
    * Sensient Technologies Corp shares had fallen by 4.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialty
chemicals
peer group is  "buy."

Wall Street's median 12-month price target for Sensient
Technologies Corp is $72.00 
This summary was machine generated from LSEG data February 9 at
03:30 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.55           0.51           Missed
 Sep. 30 2023      0.75           0.75           Met
 Jun. 30 2023      0.88           0.81           Missed
 Mar. 31 2023      0.79           0.80           Beat