An Overview of Sensient Technologies's Earnings

Sensient Technologies (NYSE:SXT) is gearing up to announce its quarterly earnings on Friday, 2024-10-25. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Sensient Technologies will report an earnings per share (EPS) of $0.80.

Sensient Technologies bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Performance in Previous Earnings

In the previous earnings release, the company missed EPS by $0.05, leading to a 0.0% drop in the share price the following trading session.

Here's a look at Sensient Technologies's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.82

0.70

0.55

0.75

EPS Actual

0.77

0.79

0.51

0.75

Price Change %

-5.0%

1.0%

-4.0%

2.0%

Performance of Sensient Technologies Shares

Shares of Sensient Technologies were trading at $77.09 as of October 23. Over the last 52-week period, shares are up 37.79%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Views on Sensient Technologies

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Sensient Technologies.

With 1 analyst ratings, Sensient Technologies has a consensus rating of Outperform. The average one-year price ...