International Flavors & Fragrances Inc. (IFF) reported adjusted earnings of $1.16 per share in secondquarter 2024, which beat the Zacks Consensus Estimate of $1.01. The bottom line improved 15% from the yearago quarter. Including one-time items, the company reported earnings of 66 cents per share compared with the prior-year quarter's 11 cents. International Flavors' net sales were $2.9 billion in the June-end quarter, down 1% year over year. The top line surpassed the Zacks Consensus Estimate of $2.82 bill ...

| --- | --- | --- | --- | |------------------------------------------------|-------|-------|-------| | | | | | | | | | | | Second Quarter 2024 Earnings Conference Call | | | | | August 7, 2024 | | | | CAUTIONARY STATEMENT 2 Statements in this presentation, which are not historical facts or information, are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current assumptions, estimates and expect ...

For the quarter ended June 2024, International Flavors (IFF) reported revenue of $2.89 billion, down 1.4% over the same period last year. EPS came in at $1.16, compared to $0.86 in the year-ago quarter. The reported revenue represents a surprise of +2.34% over the Zacks Consensus Estimate of $2.82 billion. With the consensus EPS estimate being $1.01, the EPS surprise was +14.85%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

International Flavors (IFF) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.85%. A quarter ago, it was expected that this ingredients producer for food, cosmetics and consumer products industries would post earnings of $0.84 per share when it actually produced earnings of $1.13, d ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value 12 1/2¢ per share IFF New York Stock Exchange 1.800% Senior Notes due 2026 IFF 26 New York Stock Exchange Large accelerated filer ☑ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ For th ...

FOR IMMEDIATE RELEASE Media Relations: Paulina Heinkel 332.877.5339 Media.request@iff.com Investor Relations: Michael Bender 212.708.7263 Investor.Relations@iff.com IFF Reports Second Quarter 2024 Results NEW YORK - August 6, 2024 - IFF (NYSE: IFF) reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Consolidated Summary: | --- | --- | --- | --- | --- | --- | |--------|----------------------------------------|-------|------------------|---------------------------------- ...

In its upcoming report, International Flavors (IFF) is predicted by Wall Street analysts to post quarterly earnings of $0.91 per share, reflecting an increase of 5.8% compared to the same period last year. Revenues are forecasted to be $2.82 billion, representing a year-over-year decrease of 3.6%. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to ...

International Flavors & Fragrances Inc. (IFF) is scheduled to report second-quarter 2024 results on Aug 6, after the closing bell. The Zacks Consensus Estimate for IFF's second-quarter revenues is pegged at $2.82 billion, indicating a 3.6% fall from the year-ago reported figure. The consensus estimate for second-quarter earnings is pegged at 91 cents per share. The Zacks Consensus Estimate for IFF's earnings has moved up 3% in the past 60 days. The estimate indicates a year-over-year rise of 5.8%. | --- | - ...

Loading... Stifel analyst Mark S. Astrachan upgraded International Flavors & Fragrances Inc. IFF stock to Buy from Hold with an increased price target of $115 from $95. IFF's volumes rebounded strongly in the first-quarter 2024, rising mid-single-digits after five quarters of decline, writes the analyst. Astrachan expects mid-single-digit volume growth throughout 2024, driven by improved comparisons and a return to growth among many F&F customers in the second half of 2024. Astrachan anticipates leverage wi ...

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