Intl Flavors & Fragrances Q4 Adj EPS $0.22 Misses $0.75 Estimate
Portfolio Pulse from Benzinga Newsdesk
Intl Flavors & Fragrances (IFF) reported a Q4 adjusted EPS of $0.22, which fell short of the analyst estimate of $0.75.
February 20, 2024 | 9:32 pm
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NEGATIVE IMPACT
Intl Flavors & Fragrances reported a significant miss in Q4 adjusted EPS, coming in at $0.22 versus the expected $0.75.
Earnings misses typically lead to negative investor sentiment in the short term, potentially causing a decrease in stock price as expectations are not met.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100