Sensient Technologies Corp.'s (SXT) fourth-quarter net earnings decreased to $16.31 million or $0.33 per share from $20.62 million or $0.43 per share in the 2008 period. On average, 4 analysts polled by Thomson Reuters expected earnings per share of $0.45 for the quarter. Analysts' estimate typically excludes one-time items.
Consolidated revenue for the fourth quarter of 2009 reached $311.45 million, an increase of 6.0% over $293.80 million in the prior year's comparable period. Two analysts estimated revenues of $309.45 million for the quarter.
In addition, the company expects 2010 earnings per share to be within a range of $1.98 - $2.05. Three analysts project 2010 earnings per share of $2.05. Sensient's earnings growth is expected to be weighted toward the second half of 2010 partly as a result of the timing of expected raw material cost reductions.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.