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
Sensient Technologies Q2 Results Miss Estimates; Slashes FY23 Adj. EPS Outlook
Sensient Technologies Q4 Results Miss Estimates; Provides FY23 Outlook
Sensient Technologies Q2 Profit Surges 49%; Boosts FY22 Revenue Growth Outlook
Korea Interest Rate Decision Due On Thursday
Swiss Franc Advances Against Majors
European Stocks Close On Mixed Note
Euro Falls Amid Political Uncertainty
