While reporting financial results for the fourth quarter on Friday, Sensient Technologies Corp. (SXT), a maker of colors, flavors and fragrances, initiates earnings and revenue growth guidance for the full year 2021.
For fiscal 2021, the company now projects earnings to grow at a mid-to-high single digit percentage compared to the 2020 reported earnings of $2.59 per share. Adjusted earnings is expected to grow at a mid-single digit percentage compared to the 2020 reported adjusted earnings of $2.79 per share
The company also expects adjusted local currency revenue to grow at a low-to-mid-single digit percentage.
On average, four analysts polled by Thomson Reuters expect the company to report earnings of $3.03 per share on revenue decline of 2.4 percent to $1.27 billion for the year. Analysts' estimates typically exclude special items.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.