Vivid Headlines

International Flavors And Fragrances Inc Q3 Profit Increases, But Misses Estimates


International Flavors And Fragrances Inc Q3 Profit Increases, But Misses Estimates

International Flavors And Fragrances Inc (IFF) reported a profit for its third quarter that increased from the same period last year but missed the Street estimates.

The company's earnings totaled $59 million, or $0.23 per share. This compares with $25 million, or $0.10 per share, in last year's third quarter.

Excluding items, International Flavors And Fragrances Inc reported adjusted earnings of $158 million or $0.62 per share for the period.

Analysts on average had expected the company to earn $1.08 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.7% to $2.925 billion from $2.820 billion last year.

International Flavors And Fragrances Inc earnings at a glance (GAAP) :

For comments and feedback contact: [email protected]

Previous articleNext article

POPULAR CATEGORY

entertainment

11252

discovery

5047

multipurpose

11848

athletics

11631