The third quarter financial results of International Flavors & Fragrances (NYSE: IFF) will be unveiled on Tuesday 5th November 2024. This eagerly awaited announcement is scheduled to occur after market close.
Financial analysts on Wall Street are predicting that the concern is about to reveal an estimated $1.08 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $2.83 billion for this period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.89. This notable figure was attributed to the company's total revenue, which settled at an impressive $2.82 billion during that specific quarter.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $11.29 billion. They also predict that throughout the course of the fiscal year, the business will make about profit of $4.27 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.16 | +34.9% | 2.89 B | -1.4% |
| Q1 2024 | $1.13 | +29.9% | 2.90 B | -4.2% |
| Q4 2023 | $0.72 | -25.8% | 2.70 B | -5.0% |
| Q3 2023 | $0.89 | -34.6% | 2.82 B | -7.9% |
| Q2 2023 | $0.86 | -44.2% | 2.93 B | -11.4% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 6th November 2024 at 09:00 AM eastern time to discuss Q3 financial results.
The previous trading day saw International Flavors & Fragrances (IFF) shares trading between $98.77 and $99.80, besides a volume of 1.16 million shares. The stock closed Friday's regular trading session at $98.93, indicating 0.5 percent downfall.
