International Flavors & Fragrances (IFF) to Release Quarterly Earnings on Tuesday
International Flavors & Fragrances (NYSE:IFF) is set to issue its Q313 quarterly earnings data on Tuesday, November 5th. Analysts expect the company to announce earnings of $1.18 per share and revenue of $745.80 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
International Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $1.14 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.18 by $0.04. The company had revenue of $757.60 million for the quarter, compared to the consensus estimate of $752.03 million. During the same quarter last year, the company posted $1.08 earnings per share. International Flavors & Fragrances’s revenue was up 5.0% compared to the same quarter last year. On average, analysts expect International Flavors & Fragrances to post $4.44 EPS for the current fiscal year and $4.87 EPS for the next fiscal year.
International Flavors & Fragrances (NYSE:IFF) opened at 82.87 on Monday. International Flavors & Fragrances has a 52-week low of $60.78 and a 52-week high of $84.99. The stock has a 50-day moving average of $82. and a 200-day moving average of $80.19. The company has a market cap of $6.773 billion and a price-to-earnings ratio of 24.51.
IFF has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of International Flavors & Fragrances in a research note to investors on Wednesday, October 9th. They now have a $84.00 price target on the stock. On a related note, analysts at Morgan Stanley raised their price target on shares of International Flavors & Fragrances from $83.00 to $87.00 in a research note to investors on Monday, August 12th. They now have an “overweight” rating on the stock. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. International Flavors & Fragrances presently has an average rating of “Buy” and an average target price of $87.43.
International Flavors & Fragrances Inc (NYSE:IFF) creates, manufactures and supplies flavors and fragrances for the food, beverage, personal care and household products industries.
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