Sensient Technologies Q4 Adj EPS $0.51 Misses $0.55 Estimate, Sales $349.30M Miss $371.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sensient Technologies (SXT) reported Q4 adjusted EPS of $0.51, missing the consensus estimate of $0.55, and sales of $349.30M, missing the estimate of $371.00M. This represents a 20.31% decrease in earnings and a 0.16% increase in sales from the same period last year.
February 08, 2024 | 10:23 pm
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Sensient Technologies reported a significant miss in Q4 adjusted EPS and sales, with a notable decrease in earnings compared to last year.
The miss in both earnings per share and sales estimates, coupled with a significant year-over-year decrease in earnings, is likely to negatively impact investor sentiment and the stock price in the short term.
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