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Why International Flavors (IFF) International Revenue Trends Deserve Your Attention
Zacks Investment Research· 2024-05-13 14:03
Did you analyze how International Flavors (IFF) fared in its international operations for the quarter ending March 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 the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significan ...
International Flavors (IFF) Q1 Earnings Beat, Sales Dip Y/Y
Zacks Investment Research· 2024-05-07 17:51
International Flavors & Fragrances Inc. (IFF) reported adjusted earnings of $1.13 per share in first-quarter 2024, beating the Zacks Consensus Estimate of 84 cents. The bottom line improved 30% from the year-ago quarter.Including one-time items, the company reported earnings of 23 cents against the prior-year quarter’s loss of 4 cents.International Flavors’ net sales were $2.9 billion in the March-end quarter, decreasing 4.2% year over year. The top line surpassed the Zacks Consensus Estimate of $2.81 billi ...
International Flavors & Fragrances(IFF) - 2024 Q1 - Earnings Call Transcript
2024-05-07 15:47
International Flavors & Fragrances Inc. (NYSE:IFF) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Michael DeVeau - Senior Vice President, Corporate Finance & Investor Relations Erik Fyrwald - Chief Executive Officer Glenn Richter - Executive Vice President, Chief Financial & Business Transformation Officer Conference Call Participants Matthew Hettwer - Vertical Research Partners Nicola Tang - BNP Paribas Josh Spector - UBS Mike Sison - Wells Fargo Eric Zhang - Citi David Beglei ...
International Flavors & Fragrances(IFF) - 2024 Q1 - Earnings Call Presentation
2024-05-07 11:39
iff CAUTIONARY STATEMENT First Quarter 2024 Earnings Conference Call 2 These forward-looking statements should be evaluated with consideration given to the many risks and uncertainties inherent in our business that could cause actual results and events to differ materially from those in the forward-looking statements. Certain of such forwardlooking information may be identified by such terms as "expect", "anticipate", "believe", "intend", "outlook", "may", "estimate", "should", "predict" and similar terms o ...
International Flavors (IFF) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-06 23:01
International Flavors (IFF) reported $2.9 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 4.2%. EPS of $1.13 for the same period compares to $0.87 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.81 billion, representing a surprise of +3.35%. The company delivered an EPS surprise of +34.52%, with the consensus EPS estimate being $0.84.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...
International Flavors (IFF) Tops Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-06 22:31
International Flavors (IFF) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 34.52%. A quarter ago, it was expected that this ingredients producer for food, cosmetics and consumer products industries would post earnings of $0.75 per share when it actually produced earnings of $0.72, de ...
International Flavors & Fragrances(IFF) - 2024 Q1 - Quarterly Report
2024-05-06 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-4858 INTERNATIONAL FLAVORS & FRAGRANCES INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpora ...
International Flavors & Fragrances(IFF) - 2024 Q1 - Quarterly Results
2024-05-06 20:40
FOR IMMEDIATE RELEASE Media Relations: Paulina Heinkel 332.877.5339 Media.request@iff.com Investor Relations: Michael Bender 212.708.7263 Investor.Relations@iff.com IFF Reports First Quarter 2024 Results NEW YORK - May 6, 2024 - IFF (NYSE: IFF) reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Consolidated Summary: | | Reported | | Adjusted | 1 | | | --- | --- | --- | --- | --- | --- | | | (GAAP) | | (Non-GAAP) | | | | Sales | Income Before Taxes | EPS | Operating EBI ...
What's in Store for International Flavors' (IFF) Q1 Earnings?
Zacks Investment Research· 2024-05-01 17:16
International Flavors & Fragrances Inc. (IFF) is scheduled to report first-quarter 2024 results on May 6, after the closing bell.Q4 PerformanceIn the last reported quarter, IFF’s earnings and revenues declined on a year-over-year basis. The company missed the Zacks Consensus Estimate for the top and bottom lines.International Flavors has surpassed earnings estimates in one of the trailing four quarters and missed in the other three, the average negative surprise being 2.7%.Q1 EstimatesThe Zacks Consensus Es ...
Curious about International Flavors (IFF) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-05-01 14:21
Wall Street analysts forecast that International Flavors (IFF) will report quarterly earnings of $0.84 per share in its upcoming release, pointing to a year-over-year decline of 3.5%. It is anticipated that revenues will amount to $2.81 billion, exhibiting a decline of 7.3% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reas ...