Sensient Technologies Boosts FY24 Adj. EPS, Revenue Growth Outlook

RTTNews | 297 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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Australia Rate Decision Due On Tuesday

Australia Rate Decision Due On Tuesday

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to trim its benchmark lending rate to 3.85 percent from the current 4.10 percent.
RTTNews | 56 minutes ago
Swiss Market Turns Positive In Closing Minutes, Ends Slightly Up

Swiss Market Turns Positive In Closing Minutes, Ends Slightly Up

The Switzerland market closed marginally up on Monday thanks to a few stocks finding some good support in the closing hour of the session. The sentiment was weak for much of the day's session as Moody's downgraded the United States' sovereign credit rating.
RTTNews | 5h 34min ago
Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook

Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook

Shares of Ryanair Holdings Plc. were gaining around 6 percent in the early morning trading on the Nasdaq after the Irish low-cost airline reported Monday higher revenues and traffic in fiscal 2025, despite delivery delays from aerospace major Boeing Co. The company marked as the first airline in European Union to carry 200 million guests in one year. Meanwhile, Ryanair recorded weak annual profit.
RTTNews | 8h 25min ago
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