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Sep 30, 2022
Sensient Q3 2022 Earnings Report
Sensient reported a revenue increase of 4.9% and EPS of 85 cents, with reaffirmed 2022 guidance.
Key Takeaways
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.
Consolidated revenue increased to $361.1 million compared to $344.3 million in the prior year.
Operating income reached $47.5 million, up from $47.0 million in the third quarter of 2021.
Diluted earnings per share rose to 85 cents, compared to 80 cents in the same quarter last year.
Sensient reaffirmed its full-year 2022 GAAP diluted earnings per share growth expectation.
Sensient
Sensient
Sensient Revenue by Segment
Sensient Revenue by Geographic Location
Revenue by Segment
Flavors & Extracts Revenue
CapyFin.comColor Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.comRevenue by Geographic Location
Asia Pacific Revenue
CapyFin.com Forward Guidance
Sensient reconfirmed its expectation for 2022 full year GAAP diluted earnings per share to grow at a high-teen growth rate compared to the Company’s 2021 reported GAAP diluted earnings per share of $2.81. The Company continues to expect 2022 revenue to grow at a high single-digit rate in local currency compared to the Company’s 2021 adjusted revenue.
Revenue & Expenses
Visualization of income flow from segment revenue to net income