earnings
confidence high
sentiment positive
materiality 0.60
Sensient Q3 revenue up 4.9% to $361.1M; diluted EPS $0.85 vs $0.80 prior year
SENSIENT TECHNOLOGIES CORP
2022-Q3 EPS reported
$2.65
revenue$1,088,303,000
- Revenue $361.1M, up 4.9% YoY; reported diluted EPS $0.85 (up from $0.80).
- Color Group revenue up 8.8% (adjusted local currency up 14.6%) driven by strong volume and pricing.
- Flavors & Extracts revenue up 3.0% (adjusted local currency up 6.7%), operating income up 4.7%.
- Guidance reaffirmed: full-year GAAP EPS growth high-teens vs 2021 reported $2.81; forex headwind ~$0.20.
- Foreign currency translation decreased revenue ~4% and EPS ~6% in the quarter.