Sensient Technologies Corp reports results for the quarter ended June 30 - Earnings Summary

• Sensient Technologies Corp SXT reported quarterly adjusted earnings of 94 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 77 cents. The mean expectation of two analysts for the quarter was for earnings of 88 cents per share.

• Revenue rose 2.7% to $414.23 million from a year ago; analysts expected $417.40 million.

• Sensient Technologies Corp's reported EPS for the quarter was 88 cents​.

• The company reported quarterly net income of $37.59 million.

• Sensient Technologies Corp shares had risen by 11.7% this quarter and gained 54.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialty chemicals peer group is also "buy"

• Wall Street's median 12-month price target for Sensient Technologies Corp is $99.00, about 11.1% below its last closing price of $110.00

This summary was machine generated from LSEG data July 25 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)