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Stock impact report

International Flavors (IFF) Up 2% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

International Flavors & Fragrances, Inc. (IFF) 
Last international flavors & fragrances, inc. earnings: 2/12 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.iff.com
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is International Flavors due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. International Flavors reported adjusted earnings of $1.04 per share in third-quarter 2024, missing the Zacks Consensus Estimate of $1.06 per share. However, the bottom line improved 17% from the year-ago quarter. Including one-time items, the company reported earnings of 23 cents per share compared with the prior-year quarter's 10 cents per share. International Flavors' net sales rose 3.7% year over year to $2.93 billion and surpassed the Zacks Consensus Estimate of $2.83 billion. On a comparable basis, currency-neutral sales were up 9% compared with last year's quarter. The upside was driven by double-digit growth in the Health & Biosciences and Scent segments, a Show less Read more
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