Sensient Technologies Corp. (SXT) Issues FY13 Earnings Guidance
Sensient Technologies Corp. (NYSE:SXT) updated its FY13 earnings guidance on Thursday. The company provided earnings per share guidance of $2.68-2.73 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.69, American Banking & Market News reports.
Sensient Technologies Corp. (NYSE:SXT) traded up 0.93% on Thursday, hitting $49.77. 271,420 shares of the company’s stock traded hands. Sensient Technologies Corp. has a 1-year low of $33.13 and a 1-year high of $49.77. The stock has a 50-day moving average of $46.03 and a 200-day moving average of $42.25. The company has a market cap of $2.491 billion and a price-to-earnings ratio of 21.53.
Sensient Technologies Corp. (NYSE:SXT) last announced its earnings results on Friday, October 18th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.71 by $0.01. The company had revenue of $371.99 million for the quarter, compared to the consensus estimate of $372.40 million. During the same quarter last year, the company posted $0.66 earnings per share. Sensient Technologies Corp.’s revenue was up .7% compared to the same quarter last year. On average, analysts predict that Sensient Technologies Corp. will post $2.69 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 2nd. Shareholders of record on Friday, November 8th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.85%.
Sensient Technologies Corporation is a global manufacturer and marketer of colors, flavors and fragrances.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.