International Flavors (IFF) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

The Zacks Consumer Products – Staples industry participants have been in good shape, benefiting from the consistent demand for essential products, as consumers continue to prioritize necessities even during challenging economic times. Efforts to drive revenue growth through innovation, new product launches and expansion into channels like e-commerce have been successful. Saving measures and restructuring efforts have helped companies in the industry manage rising cost pressures. These upsides have positione ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

It has been about a month since the last earnings report for International Flavors (IFF) . Shares have added about 9.5% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is International Flavors due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. International Flavors Q2 ...

International Flavors & Fragrances Inc. (IFF) shares scaled a new 52-week high of $104.17 on Friday before closing the session lower at $103.99. IFF has a market capitalization of $26.6 billion. The company's shares have gained 52.6%, outperforming the industry's growth of 0.9% and the S&P 500 index's rise of 26.9%. Image Source: Zacks Investment Research What's Aiding International Flavors? Demand for Flavors & Fragrances to Drive IFF's Growth: The company is well-poised to benefit from demand for a variet ...

Did you analyze how International Flavors (IFF) fared in its international operations for the quarter ending June 2024? Given the widespread global presence of this ingredients producer for food, cosmetics and consumer products industries, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities. In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in s ...

International Flavors & Fragrances Inc. (NYSE:IFF) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Michael DeVeau - Senior Vice President, Corporate Finance and Investor Relations Erik Fyrwald - Chief Executive Officer Glenn Richter - Executive Vice President, Chief Financial and Business Transformation Officer Conference Call Participants Josh Spector - UBS Nicola Tang - BNP Paribas John Roberts - Mizuho Ghansham Panjabi - Baird Kristen Owen - Oppenheimer Patrick Cunningham ...

International Flavors & Fragrances Inc. (IFF) reported adjusted earnings of $1.16 per share in secondquarter 2024, which beat the Zacks Consensus Estimate of $1.01. The bottom line improved 15% from the yearago quarter. Including one-time items, the company reported earnings of 66 cents per share compared with the prior-year quarter's 11 cents. International Flavors' net sales were $2.9 billion in the June-end quarter, down 1% year over year. The top line surpassed the Zacks Consensus Estimate of $2.82 bill ...

| --- | --- | --- | --- | |------------------------------------------------|-------|-------|-------| | | | | | | | | | | | Second Quarter 2024 Earnings Conference Call | | | | | August 7, 2024 | | | | CAUTIONARY STATEMENT 2 Statements in this presentation, which are not historical facts or information, are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current assumptions, estimates and expect ...

For the quarter ended June 2024, International Flavors (IFF) reported revenue of $2.89 billion, down 1.4% over the same period last year. EPS came in at $1.16, compared to $0.86 in the year-ago quarter. The reported revenue represents a surprise of +2.34% over the Zacks Consensus Estimate of $2.82 billion. With the consensus EPS estimate being $1.01, the EPS surprise was +14.85%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...