Sensient Technologies Boosts FY24 Adj. EPS, Revenue Growth Outlook

RTTNews | 397 days ago
Stocktwits
Sensient Technologies Boosts FY24 Adj. EPS, Revenue Growth Outlook

(RTTNews) - 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.

For fiscal 2024, the company now projects earnings in the range of $2.77 to $2.87 per share and adjusted earnings growth in the mid-single-digits on revenue growth in the mid-to high single-digits in local currency.

Previously, the company expected earnings in the range of $2.80 to $2.90 per share and adjusted earnings growth in the low to mid-single-digits on revenue growth in the mid-single-digits in local currency.

Analysts polled by Thomson Reuters expected the company to report earnings of $3.03 per share on revenues of $1.53 billion for year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: SXT
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Hong Kong Shares Poised To End Two-Day Slide

Hong Kong Shares Poised To End Two-Day Slide

The Hong Kong stock market has finished lower in consecutive trading days, tumbling almost 630 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 25,200-point plateau although it may find traction on Thursday.
RTTNews | 13 minutes ago
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RTTNews | 1h 28min ago
Malaysia Bourse May Add To Its Winnings On Thursday

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