Uncovering Potential: Intl Flavors & Fragrances's Earnings Preview

Intl Flavors & Fragrances (NYSE:IFF) is gearing up to announce its quarterly earnings on Tuesday, 2024-11-05. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Intl Flavors & Fragrances will report an earnings per share (EPS) of $1.08.

The market awaits Intl Flavors & Fragrances's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

Last quarter the company beat EPS by $0.16, which was followed by a 2.35% drop in the share price the next day.

Here's a look at Intl Flavors & Fragrances's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1

0.86

0.75

0.75

EPS Actual

1.16

1.13

0.72

0.89

Price Change %

-2.0%

6.0%

-6.0%

-1.0%

Tracking Intl Flavors & Fragrances's Stock Performance

Shares of Intl Flavors & Fragrances were trading at $98.93 as of November 01. Over the last 52-week period, shares are up 38.5%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Insights Shared by Analysts on Intl Flavors & Fragrances

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Intl Flavors & Fragrances.

With 9 analyst ratings, Intl Flavors & Fragrances has a consensus rating of Outperform. The average one-year price target is $110.44, indicating ...