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

Sensient Technologies

26/07/2024 14:52

* Sensient Technologies Corp  SXT.N  reported quarterly
adjusted
earnings of 77 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 81 cents.  The lone analyst forecast for the quarter was
for earnings of 82 cents per share. 
    * Revenue rose 7.8% to $403.53 million from a year ago;
analysts
expected $395.00 million. 
    * Sensient Technologies Corp's reported EPS for the quarter
was 73
cents​.
    * Sensient Technologies Corp shares had risen by 8.6% this
quarter and gained 22.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.2%
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 $82.50 
This summary was machine generated from LSEG data July 26 at
01:52 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
 Jun. 30 2024      0.82           0.77           Missed
 Mar. 31 2024      0.70           0.79           Beat
 Dec. 31 2023      0.55           0.51           Missed
 Sep. 30 2023      0.75           0.75           Met