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International Flavors & Fragrances Q3 Earnings Preview

Benzinga Newsdesk

International Flavors & Fragrances, Inc. (NYSE: IFF) releases its next round of earnings this Monday, Nov. 5. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.

Earnings and Revenue

International Flavors & Fragrances earnings will be near $1.54 per share on sales of $895.83 million, according to analysts.

In the same quarter last year, International Flavors & Fragrances posted a profit of $1.47 on sales of $872.94 million. The Wall Street estimate would represent a 4.76 percent increase in the company's earnings. Sales would be up 2.62 percent from the year-ago period. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

View more earnings on IFF

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate 1.59 1.59 1.31 1.42
EPS Actual 1.66 1.69 1.4 1.47

Stock Performance

Over the past 52-week period, shares of Internationa Flavors & Fragrances have declined 1.58 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The most common rating by analysts on International Flavors & Fragrances stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

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