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Sensient Technologies Corp Q3 adjusted earnings Inline With Estimates

Sensient Technologies Corp (SXT) revealed a profit for its third quarter that advanced from last year.

The company's bottom line totaled $47.19 million, or $1.12 per share. This compares with $32.21 million, or $0.73 per share, in last year's third quarter.

Excluding items, Sensient Technologies Corp reported adjusted earnings of $40.13 million or $0.95 per share for the period.

Analysts had expected the company to earn $0.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.1% to $342.73 million from $353.52 million last year.

Sensient Technologies Corp earnings at a glance:

-Earnings (Q3): $40.13 Mln. vs. $38.91 Mln. last year.
-EPS (Q3): $0.95 vs. $0.89 last year.
-Analysts Estimate: $0.95
-Revenue (Q3): $342.73 Mln vs. $353.52 Mln last year.

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