Sensient Technologies Corp (SXT) announced a profit for its first quarter that rose from last year.
The company's earnings came in at $38.19 million, or $0.89 per share. This compares with $13.19 million, or $0.30 per share, in last year's first quarter.
Analysts had expected the company to earn $0.88 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.4% to $356.48 million from $341.40 million last year.
Sensient Technologies Corp earnings at a glance:
-Earnings (Q1): . vs. $36.62 Mln. last year.
-Analysts Estimate: $0.88
-Revenue (Q1): $356.48 Mln vs. $341.40 Mln last year.
-Guidance:
Full year EPS guidance: $3.70 and $3.80.
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