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

Sensient Technologies

26/04/2024 17:10

* Sensient Technologies Corp  SXT.N  reported quarterly
adjusted
earnings of 79 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 80 cents.  The lone analyst forecast for the quarter was
for earnings of 70 cents per share. 
    * Revenue rose 4.2% to $384.67 million from a year ago;
analysts
expected $367.80 million. 
    * Sensient Technologies Corp's reported EPS for the quarter
was 73
cents​.
    * Sensient Technologies Corp shares had risen by 0.7% this
quarter and gained 5.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.7%
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 $74.00 
This summary was machine generated from LSEG data April 26 at
04:10 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
 Mar. 31 2024      0.70           0.79           Beat
 Dec. 31 2023      0.55           0.51           Missed
 Sep. 30 2023      0.75           0.75           Met
 Jun. 30 2023      0.88           0.81           Missed