Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessInternational Flavors & Fragrances Inc. (NYSE:IFF) Quarterly Earnings Insight

International Flavors & Fragrances Inc. (NYSE:IFF) Quarterly Earnings Insight

Add to Favorite
Added to Favorite


Earnings Per Share (EPS) is projected at $1.06 for the quarter ended September 2024, a 19.1% increase year-over-year.
Revenue is expected to reach approximately $2.83 billion, a slight rise of 0.5% from the previous year.
The company’s financial ratios indicate a moderate level of debt with a price-to-sales ratio of 2.24 and a debt-to-equity ratio of 0.66.

International Flavors & Fragrances Inc. (NYSE:IFF) is a global leader in the creation of flavors and fragrances used in a wide range of consumer products. The company is known for its innovative solutions and has a strong presence in the food, beverage, personal care, and household products industries. IFF competes with other major players like Givaudan and Symrise in the flavors and fragrances market.

IFF is set to release its quarterly earnings on November 5, 2024, with Wall Street analysts estimating an earnings per share (EPS) of $1.08. However, the company’s own projections for the quarter ended September 2024 suggest an EPS of $1.06, which is a 19.1% increase from the same period last year. This growth reflects the impact of IFF’s strategic initiatives aimed at enhancing productivity and reducing costs.

The company’s revenue is projected to reach approximately $2.83 billion, marking a slight rise of 0.5% from the previous year. This aligns with the company’s efforts to improve its financial performance through strategic initiatives. Over the past month, there has been a 0.6% upward revision in the consensus EPS estimate, indicating analysts’ positive reassessment of IFF’s financial performance.

Despite the anticipated earnings growth, Zacks Investment Research suggests that IFF may not have the optimal combination of factors necessary for an earnings beat. Investors are advised to prepare by understanding the key expectations surrounding IFF’s financial performance. The company’s financial ratios, such as a price-to-sales ratio of 2.24 and a debt-to-equity ratio of 0.66, indicate a moderate level of debt relative to its equity.

However, IFF faces financial challenges, as evidenced by its negative earnings yield of -9.34% and a negative price-to-earnings ratio of -10.71. These figures suggest that the company may be experiencing difficulties in generating profits. Despite these challenges, IFF’s current ratio of 2.38 indicates a strong ability to cover its short-term liabilities with its short-term assets.

Subscribe to get Latest News Updates

Latest News

You may like more
more

Inditex’s Upcoming Earnings Report: A Comprehensive Analysis

Inditex (IDEXY) is expected to release its quarterly earnings...

China Investigates Nvidia Over Antitrust Concerns

China has initiated an investigation into Nvidia, citing potential...

Citi Predicts S&P 500 to Hit 6,500 by 2025 Amid Rising Volatility

Citi analysts have projected a significant milestone for the...

Investors Complacent Heading Into 2025: What BCA Research Warns

BCA Research cautions that investors might be overly relaxed...