Sensient Earnings Reports

Sensient Technologies saw a 7.8% YoY revenue increase in Q4 2024, driven by strong volume growth, particularly in the Color segment. Operating income surged due to higher sales and lower restructuring costs, and adjusted EPS grew by 27.5%.

Sensient Technologies reported a 7.9% increase in revenue to $392.6 million and a 13.4% increase in operating income to $50.5 million for the third quarter ended September 30, 2024. Diluted earnings per share increased by 2.7% to $0.77. The company remains confident in achieving its 2024 guidance.

Sensient Technologies reported a 7.8% increase in revenue to $403.5 million compared to the previous year. However, operating income decreased by 3.7% to $49.7 million, and diluted earnings per share decreased by 9.9% to $0.73. The company raised its full year guidance for local currency revenue and local currency adjusted EBITDA to mid-to-high single-digit growth and for diluted EPS (GAAP) to between $2.77 and $2.87.

Sensient Technologies Corporation reported a 4.2% increase in revenue to $384.7 million for the first quarter of 2024. However, operating income decreased by 2.8% to $49.4 million, and diluted earnings per share decreased by 8.8% to 73 cents. The company has raised its full-year guidance, expecting mid-single-digit growth in revenue and adjusted EBITDA on a local currency basis.

Sensient Technologies Corporation reported a slight increase in revenue for Q4 2023, but operating income and earnings per share decreased significantly due to lower sales volumes and costs associated with the Portfolio Optimization Plan. The company is optimistic about 2024, expecting a return to volume growth and cost savings from the optimization plan.

Sensient Technologies reported a slight increase in revenue but declines in operating income and EPS for Q3 2023. The company faced destocking headwinds and a challenging market environment, which impacted sales volumes and profitability. Management is focused on customer service and sales execution to improve revenue growth as market dynamics improve.

Sensient Technologies Corporation reported consolidated revenue of $374.3 million for the second quarter of 2023, a 0.7% increase compared to the previous year. However, operating income decreased to $51.6 million from $55.2 million, and diluted earnings per share fell to 81 cents from 92 cents.

Sensient Technologies Corporation reported consolidated revenue of $369.0 million for the first quarter of 2023, up from $355.5 million in the first quarter of 2022. Diluted earnings per share decreased to 80 cents, compared to 88 cents in the prior year. The company reconfirmed its full year 2023 GAAP diluted earnings per share to be flat to low-single digit growth compared to 2022.

Sensient Technologies Corporation reported a revenue increase of 2.4% to $348.7 million in Q4 2022 compared to $340.4 million in Q4 2021. The operating income also saw a slight increase to $41.2 million from $40.4 million in the previous year. Reported diluted earnings per share increased to $0.69 compared to $0.65 in the prior year.

Sensient Technologies Corporation reported consolidated revenue of $361.1 million, an increase from $344.3 million in the third quarter of the previous year. The company's operating income rose to $47.5 million, and diluted earnings per share increased to 85 cents. Sensient reaffirmed its 2022 guidance, expecting high-teen growth in GAAP diluted earnings per share.

Sensient Technologies Corporation reported a consolidated revenue of $371.7 million in the second quarter of 2022, compared to $335.8 million in the second quarter of 2021. The reported operating income was $55.2 million, and the reported diluted earnings per share was 92 cents.

Sensient Technologies Corporation reported consolidated revenue of $355.5 million, a slight decrease of 1.2% compared to the previous year. However, operating income increased by 12.6% to $52.8 million, and diluted earnings per share rose by 17.3% to $0.88. The company has raised its 2022 full year GAAP diluted earnings per share and revenue growth expectations.

Sensient Technologies Corporation reported a 1.7% increase in consolidated revenue, reaching $340.4 million for Q4 2021. The company's operating income increased by 16.1% to $40.4 million, and diluted earnings per share rose to $0.65, compared to $0.59 in the same quarter of the previous year. Flavors & Extracts revenue decreased due to divestiture, while Color and Asia Pacific groups reported double-digit revenue growth.

Sensient Technologies Corporation reported a 6.4% increase in consolidated revenue, reaching $344.3 million compared to $323.6 million in the third quarter of the previous year. The Color Group experienced double-digit revenue and profit growth, while the Flavors & Extracts Group continued its strong performance.

Sensient Technologies Corporation reported a consolidated revenue increase of 3.9% in the second quarter of 2021, reaching $335.8 million compared to $323.1 million in the previous year. However, the reported operating income decreased to $35.8 million from $42.1 million, and diluted earnings per share fell to 61 cents from 72 cents.

Sensient Technologies Corporation reported a revenue increase of 2.6% and a significant rise in operating income by 35.7% for the first quarter of 2021. Diluted earnings per share increased to 75 cents, compared to 49 cents in the previous year. The Flavors & Extracts and Asia Pacific groups showed strong revenue and profit growth, while the Personal Care segment was negatively impacted by the COVID-19 pandemic. The company completed the divestiture of its Fragrances product line in April.

Sensient Technologies Corporation reported a revenue increase of 5.0% in Q4 2020, reaching $334.7 million compared to $318.6 million in Q4 2019. The company's operating income turned positive at $34.8 million, compared to an operating loss of $14.5 million in the same period last year. Diluted earnings per share also improved to $0.59, a significant turnaround from the loss per share of $0.40 in Q4 2019. Cash flow from operations increased by 53%.

Sensient Technologies Corporation reported consolidated revenue of $323.6 million, a 1.9% increase compared to the previous year. Operating income rose to $41.2 million, and diluted earnings per share reached 78 cents. The Flavors & Extracts Group showed strong revenue and profit growth, while the Color Group faced challenges due to lower personal care revenue.

Sensient Technologies Corporation reported a decrease in revenue and operating income for the second quarter of 2020 compared to the same period in 2019. Revenue decreased by 4.7% to $323.1 million, and operating income decreased by 11.1% to $42.1 million. Diluted earnings per share also decreased from 81 cents to 72 cents.

Sensient Technologies Corporation reported a revenue increase of 0.9% to $350.7 million in Q1 2020, with diluted earnings per share of 49 cents. The company confirmed its full-year guidance despite challenges posed by COVID-19, with all production facilities remaining operational.

Sensient Technologies Corporation experienced a challenging fourth quarter in 2019. The company reported a loss per share of $0.40, a decrease in revenue to $318.6 million, and an operating loss of $14.5 million. These results were impacted by divestiture and other related costs.