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Sensient Technologies Corp Q2 adjusted earnings Inline With Estimates

Sensient Technologies Corp (SXT) reported a profit for its second quarter that rose from the same period last year.

The company's earnings totaled $39.12 million, or $0.92 per share. This compares with $30.77 million, or $0.69 per share, in last year's second quarter.

Excluding items, Sensient Technologies Corp reported adjusted earnings of $39.12 million or $0.92 per share for the period.

Analysts had expected the company to earn $0.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.3% to $363.04 million from $338.48 million last year.

Sensient Technologies Corp earnings at a glance:

-Earnings (Q2): $39.12 Mln. vs. $38.41 Mln. last year.
-EPS (Q2): $0.92 vs. $0.87 last year.
-Analysts Estimate: $0.92
-Revenue (Q2): $363.04 Mln vs. $338.48 Mln last year.

Full year EPS guidance: $3.60 - $3.70

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