Sensient Technologies Boosts FY24 Adj. EPS, Revenue Growth Outlook

RTTNews | 94 days ago
Stocktwits
Sensient Technologies Boosts FY24 Adj. EPS, Revenue Growth Outlook

(RTTNews) - While reporting financial results for the second quarter on Friday, Sensient Technologies Corp. (SXT) raised its adjusted earnings and revenue growth guidance for the full-year 2024.

For fiscal 2024, the company now projects earnings in the range of $2.77 to $2.87 per share and adjusted earnings growth in the mid-single-digits on revenue growth in the mid-to high single-digits in local currency.

Previously, the company expected earnings in the range of $2.80 to $2.90 per share and adjusted earnings growth in the low to mid-single-digits on revenue growth in the mid-single-digits in local currency.

Analysts polled by Thomson Reuters expected the company to report earnings of $3.03 per share on revenues of $1.53 billion for year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: SXT
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Target Cuts Thanksgiving Meal Price, Offers Free Frozen Pizza

Target Cuts Thanksgiving Meal Price, Offers Free Frozen Pizza

Target Corp. announced it is lowering the price of its Thanksgiving meal by $5 than last year's offering. At $20, the retail major's popular Thanksgiving meal featuring turkey, stuffing and five additional side dishes can feed four people. In addition, between November 13 and 16, Target is offering a free frozen pizza with a same-day delivery order for all members of the Target Circle 360.
RTTNews | 4h 30min ago
Sensex, Nifty Snap Five-day Losing Streak

Sensex, Nifty Snap Five-day Losing Streak

Indian shares rose notably on Monday as concerns over Middle East tensions eased and private sector lender ICICI Bank posted robust Q2 numbers.
RTTNews | 5h 57min ago
Philips Cuts FY24 Sales View On Weak China Demand; Shares Hit

Philips Cuts FY24 Sales View On Weak China Demand; Shares Hit

Shares of Philips N.V. were losing around 17 percent in the morning trading in Amsterdam as well as in pre-market activity on the NYSE, after the Dutch consumer electronics giant trimmed its comparable sales growth view for fiscal 2024 after reporting weak sales and orders and flat comparable sales in its third quarter. The sales mainly were hit by further deteriorated demand in China.
RTTNews | 6h 12min ago
FTSE 100 Marginally Higher Ahead Of Budget

FTSE 100 Marginally Higher Ahead Of Budget

U.K. stocks were slightly higher on Monday ahead of Prime Minister Sir Keir Starmer's new government's first budget to be unveiled on Wednesday and the release of the widely watched monthly U.S. jobs report due on Friday.
RTTNews | 7h 5min ago
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