Sensient Technologies gains after Q2 results beat
24/07/2026 13:47
BUZZ-Sensient Technologies gains after Q2 results beat ** Flavors and colors supplier Sensient Technologies SXT.N shares gain 3.9% to $121.6 in premarket trading
** Co raises EPS forecast to $4.10-$4.20 from $3.70-$3.90 for fiscal year 2026
** SXT also beats Q2 earnings estimates, posting adjusted EPS of $1.2 vs estimate of $1.04 -- data compiled by LSEG
** Revenue of $462.08 million also surpasses estimates of $448.91 million
** Growth driven by higher prices and strong volume, especially in the color segment, which sells natural and synthetic color systems for use in foods, beverages and pharmaceuticals
** Four out of six brokerages rate the stock "buy" or higher; their median PT is $139.50
** As of last close, stock is up 24.5% YTD
(Reporting by Sudeshna Ghoshal in Bengaluru)
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