on, is there a scenario where you can divest nearly all of those assets of the acquired businesses? How integrated are they? Is that possible? I'll start, and I think our R&D spend is significant today. I think if you look at what we spend, it's very competitive versus the industry leaders, other industry leaders, but I do think we can focus it better, connect it better to the business units and to customers, and ensure that the R&D efforts are fully aligned with the highest value needs that our customers h ...

International Flavors (IFF) reported $2.7 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 5%. EPS of $0.72 for the same period compares to $0.97 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.72 billion, representing a surprise of -0.51%. The company delivered an EPS surprise of -4.00%, with the consensus EPS estimate being $0.75.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

International Flavors & Fragrances Inc. (IFF) is scheduled to report fourth-quarter 2023 results on Feb 20, after the closing bell.Q3 PerformanceIn the last reported quarter, International Flavors’ earnings and revenues declined on a year-over-year basis. The company, however, beat the Zacks Consensus Estimate for the top and bottom lines.The company has surpassed earnings estimates in two of the trailing four quarters and missed in the other two, the average surprise being a negative 0.94%.Q4 EstimatesThe ...

The upcoming report from International Flavors (IFF) is expected to reveal quarterly earnings of $0.75 per share, indicating a decline of 22.7% compared to the year-ago period. Analysts forecast revenues of $2.72 billion, representing a decrease of 4.5% year over year.The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this ...

International Flavors (IFF) closed the most recent trading day at $80.49, moving +0.21% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 1.37% for the day. Elsewhere, the Dow saw a downswing of 1.35%, while the tech-heavy Nasdaq depreciated by 1.8%.The ingredients producer for food, cosmetics and consumer products industries's stock has climbed by 0.09% in the past month, falling short of the Consumer Staples sector's gain of 1.56% and the S&P 500's gain of 5.1%. ...

The latest trading session saw International Flavors (IFF) ending at $80.18, denoting a -1.34% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.32% for the day. Elsewhere, the Dow lost 0.71%, while the tech-heavy Nasdaq lost 0.2%.The the stock of ingredients producer for food, cosmetics and consumer products industries has risen by 1.63% in the past month, leading the Consumer Staples sector's gain of 1.08% and undershooting the S&P 500's gain of 4.59%. ...

International Flavors (IFF) ended the recent trading session at $82.01, demonstrating a -0.3% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.76%. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 1.12%.The ingredients producer for food, cosmetics and consumer products industries's shares have seen an increase of 1.59% over the last month, not keeping up with the Consumer Staples sector's gain of 4.52% and the S&P 500's gain of 2.5%.Analys ...

NEW YORK--(BUSINESS WIRE)--IFF (NYSE:IFF) today announced that it will release its fourth quarter and full year 2023 earnings results following the market close on Tuesday, Feb. 20, 2024. The management team will host a live webcast on Wednesday, Feb. 21, 2024 at 9:00 a.m. ET to discuss results and outlook with the investor community. IFF also announced today that the Company’s management will speak at the Consumer Analyst Group of New York (CAGNY) conference in Boca Raton, Florida, on Thursday, Feb. 22, 2 ...

SANDVIKA, Norway--(BUSINESS WIRE)--IFF (NYSE: IFF), a global leader in food and beverage, home and personal care and health, today announced its partnership with environmental non-governmental organization (NGO) Bellona in a long-term project to restore seaweed forests in northern Norway. The collaboration on the Norwegian Marine Restoration (NoMaRe) project aims to restore 5,000 square kilometers of seaweed forest by managing invasive sea urchin predation. The regrowth of the forests could increase biologi ...

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced the appointment of J. Erik Fyrwald to succeed Frank Clyburn as Chief Executive Officer and member of the IFF Board of Directors, effective Feb. 6, 2024. Clyburn will work closely with Fyrwald to ensure a seamless transition, remaining with IFF until March 31, 2024, and further serving in an advisory capacity through December 2024. Fyrwald brings to IFF more than four decades of executive and operational experience driving innovation and profitabl ...