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International Flavors And Fragrances Inc Q3 adjusted earnings Miss Estimates

International Flavors And Fragrances Inc (IFF) released earnings for third quarter that declined from last year.

The company's bottom line totaled $84.83 million, or $0.75 per share. This compares with $127.12 million, or $1.13 per share, in last year's third quarter.

Excluding items, International Flavors And Fragrances Inc reported adjusted earnings of $159.28 million or $1.40 per share for the period.

Analysts had expected the company to earn $1.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue came in at $1.27 billion, equal to the mark posted in the same period last year.

International Flavors And Fragrances Inc earnings at a glance:

-Earnings (Q3): $159.28 Mln. vs. $173.82 Mln. last year.
-EPS (Q3): $1.40 vs. $1.53 last year.
-Analysts Estimate: $1.46
-Revenue (Q3): $1.27 Bln vs. $1.27 Bln last year.

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