earnings
confidence high
sentiment positive
materiality 0.70
Sensient Q3 revenue up 7.9% to $392.6M; raises FY revenue growth guidance to high single-digit
SENSIENT TECHNOLOGIES CORP
2024-Q3 EPS reported
$2.23
revenue$1,180,808,000
- Revenue $392.6M (+7.9% reported, +8.6% local currency); operating income $50.5M (+13.4%).
- Diluted EPS $0.77 (+2.7%); adjusted local currency EPS $0.80 (+8.0%).
- Flavors & Extracts revenue +6.4% to $203.3M; Color revenue +11.8% to $162.1M.
- FY guidance: local currency revenue growth raised to high single-digit (from mid-to-high); GAAP EPS unchanged at $2.77–$2.87.
- Portfolio Optimization Plan costs $1.2M in Q3; full-year plan costs ~$0.18 per share.