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International Flavors And Fragrances Inc Q1 adjusted earnings Beat Estimates

International Flavors And Fragrances Inc (IFF) released earnings for its first quarter that rose from the same period last year.

The company's profit came in at $124.61 million, or $1.15 per share. This compares with $108.83 million, or $0.96 per share, in last year's first quarter.

Excluding items, International Flavors And Fragrances Inc reported adjusted earnings of $184.81 million or $1.62 per share for the period.

Analysts had expected the company to earn $1.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.8% to $1.35 billion from $1.30 billion last year.

International Flavors And Fragrances Inc earnings at a glance:

-Earnings (Q1): $184.81 Mln. vs. $178.07 Mln. last year.
-EPS (Q1): $1.62 vs. $1.57 last year.
-Analysts Estimate: $1.59
-Revenue (Q1): $1.35 Bln vs. $1.30 Bln last year.

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