Sensient Technologies Q2 Profit Surges 49%; Boosts FY22 Revenue Growth Outlook

Sensient Technologies Boosts FY24 Adj. EPS, Revenue Growth Outlook

While reporting financial results for the second quarter on Friday, Sensient Technologies Corp. (SXT) raised its adjusted earnings and revenue growth guidance for the full-year 2024.

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Sensient Technologies Q2 Results Miss Estimates; Slashes FY23 Adj. EPS Outlook

Sensient Technologies Corp. (SXT) reported Friday that net income for the second quarter decreased to $34.03 million or $0.81 per share from $38.65 million or $0.92 per share in the prior-year quarter.

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Sensient Technologies Q4 Results Miss Estimates; Provides FY23 Outlook

Sensient Technologies Corp. (SXT) reported Friday that net income for the fourth quarter increased to $29.12 million or $0.69 per share from $27.23 million or $0.65 per share in the prior-year quarter.

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European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.

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U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.

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Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.

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U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

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German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | il y a 4h 22min

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