Sensient Technologies Corporation (SXT) reported first quarter adjusted earnings per share of $0.77 compared to $0.72, last year, an improvement of 6.9%. Analysts polled by Thomson Reuters expected the company to report profit per share of $0.74, for the quarter. Analysts' estimates typically exclude special items.
First quarter reported operating income was $46.9 million compared to $34.6 million, last year. Reported earnings per share was $0.75 compared to $0.49.
First quarter consolidated revenue was $359.7 million compared to $350.7 million, a year ago. Adjusted revenue was $334.13 million, up 6.4%. Analysts expected revenue of $314.78 million, for the quarter.
Sensient reconfirmed its 2021 guidance for GAAP earnings per share to grow at a mid to high single digit growth rate. The company also reconfirmed its 2021 adjusted local currency revenue to grow at a low to mid-single digit rate and adjusted local currency EBITDA to grow at a mid-single digit rate. The company continues to project, on a local currency basis, 2021 adjusted earnings per share to grow at a mid-single digit growth rate.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.