Overview
Flavors and colors supplier's Q1 revenue rose 11%, beating analyst expectations
Q1 EPS rose 28%, driven by higher prices and volume growth
Company raised 2026 guidance for revenue and adjusted EPS growth
Outlook
Sensient raises 2026 GAAP diluted EPS guidance to $3.70-$3.90 from $3.60-$3.80
Company expects high single-digit to double-digit growth in 2026 local currency revenue
Sensient anticipates high single-digit to double-digit growth in 2026 local currency adjusted EBITDA
Result Drivers
COLOR SEGMENT GROWTH - Strong volume growth and higher prices drove revenue and operating income increases in the Color Group
FLAVORS & EXTRACTS - Higher prices and volume growth contributed to revenue and operating income increases in the Flavors & Extracts Group
ASIA PACIFIC - Revenue and operating income growth in Asia Pacific was driven by strong volume growth and higher prices
Company press release: ID:nBw4KS3S6a
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$435.83 mln
$411.28 mln (4 Analysts)
Q1 EPS
$1.04
Q1 Net Income
$44.17 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "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 $116.00, about 16.9% above its April 23 closing price of $99.23
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 24 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)